Cost of Living: Lake zurich, IL vs Middle river, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake zurich | Middle river |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $437,200 | $360,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1900 | $1920 |
Housing Comparison: Lake zurich vs Middle river
- In Lake zurich, the median home price is higher at $437,200, while in Middle river it is $360,000.
- The rent for a two-bedroom apartment is equal in both Lake zurich and Middle river at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake zurich | Middle river |
|---|---|---|
| Electricity Price | $16.15 | $17.41 |
| Natural Gas Price | $16.59 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake zurich vs Middle river
- Middle river has higher electricity costs at $17.41 per kWh, versus $16.15 in Lake zurich.
- Middle river experiences higher natural gas costs at $18.44 per unit, with costs at $16.59 in Lake zurich.
- Utility expenses are equal in both Lake zurich and Middle river averaging $250.