Cost of Living: Loves park, IL vs Fernley, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Loves park | Fernley |
|---|---|---|
| Housing Index | 80.0 | 90.0 |
| Median Home Price | $213,000 | $385,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1600 | $1350 |
Housing Comparison: Loves park vs Fernley
- The median home price in Fernley is higher at $385,000, compared to $213,000 in Loves park.
- The rent for a two-bedroom apartment is equal in both Loves park and Fernley 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 | Loves park | Fernley |
|---|---|---|
| Electricity Price | $16.15 | $15.5 |
| Natural Gas Price | $16.59 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Loves park vs Fernley
- Electricity costs are higher in Loves park at $16.15 per kWh, compared to $15.5 in Fernley.
- Fernley experiences higher natural gas costs at $20.66 per unit, with costs at $16.59 in Loves park.
- Utility expenses are equal in both Loves park and Fernley averaging $250.