Cost of Living: Los angeles, CA vs Chicago, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Los angeles | Chicago |
|---|---|---|
| Housing Index | 140.0 | 110.0 |
| Median Home Price | $837,000 | $310,000 |
| Average Rent (2 BR Apartment) | $3200 | $2200 |
| Average Rent (2 BR House) | $3200 | $2250 |
Housing Comparison: Los angeles vs Chicago
- In Los angeles, the median home price is higher at $837,000, while in Chicago it is $310,000.
- Renting a two-bedroom apartment costs more in Los angeles at $3,200 than in Chicago at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Los angeles | Chicago |
|---|---|---|
| Electricity Price | $32.99 | $16.15 |
| Natural Gas Price | $16.99 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Los angeles vs Chicago
- Electricity costs are higher in Los angeles at $32.99 per kWh, compared to $16.15 in Chicago.
- Natural gas is more expensive in Los angeles at $16.99 per unit, while it is cheaper at $16.59 in Chicago.
- Utility expenses are equal in both Los angeles and Chicago averaging $250.