Cost of Living: Lake zurich, IL vs Concord, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake zurich | Concord |
|---|---|---|
| Housing Index | 115.0 | 145.0 |
| Median Home Price | $437,200 | $751,000 |
| Average Rent (2 BR Apartment) | $1800 | $2500 |
| Average Rent (2 BR House) | $1900 | $2150 |
Housing Comparison: Lake zurich vs Concord
- The median home price in Concord is higher at $751,000, compared to $437,200 in Lake zurich.
- In Concord, the rental for a two-bedroom apartment stands at $2,500, while it is $1,800 in Lake zurich.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake zurich | Concord |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $250 | $300 |
Utilities Comparison: Lake zurich vs Concord
- Concord has higher electricity costs at $32.99 per kWh, versus $16.15 in Lake zurich.
- Concord experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Lake zurich.
- Concord has higher utility expenses, averaging $300, while Lake zurich averages $250.