Cost of Living: Lake zurich, IL vs Greenwood, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake zurich | Greenwood |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $437,200 | $287,500 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1300 |
Housing Comparison: Lake zurich vs Greenwood
- In Lake zurich, the median home price is higher at $437,200, while in Greenwood it is $287,500.
- Renting a two-bedroom apartment costs more in Lake zurich at $1,800 than in Greenwood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake zurich | Greenwood |
|---|---|---|
| Electricity Price | $16.15 | $14.89 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake zurich vs Greenwood
- Electricity costs are higher in Lake zurich at $16.15 per kWh, compared to $14.89 in Greenwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lake zurich and Greenwood averaging $250.