Cost of Living: Lake zurich, IL vs Richmond hill, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake zurich | Richmond hill |
|---|---|---|
| Housing Index | 115.0 | 110.5 |
| Median Home Price | $437,200 | $295,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1900 | $1600 |
Housing Comparison: Lake zurich vs Richmond hill
- In Lake zurich, the median home price is higher at $437,200, while in Richmond hill it is $295,000.
- Renting a two-bedroom apartment costs more in Lake zurich at $1,800 than in Richmond hill at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake zurich | Richmond hill |
|---|---|---|
| Electricity Price | $16.15 | $15.53 |
| Natural Gas Price | $16.59 | $27.53 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake zurich vs Richmond hill
- Electricity costs are higher in Lake zurich at $16.15 per kWh, compared to $15.53 in Richmond hill.
- Richmond hill experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Lake zurich.
- Utility expenses are equal in both Lake zurich and Richmond hill averaging $250.