Cost of Living: New albany, OH vs Lake zurich, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New albany | Lake zurich |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $470,000 | $437,200 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1440 | $1900 |
Housing Comparison: New albany vs Lake zurich
- In New albany, the median home price is higher at $470,000, while in Lake zurich it is $437,200.
- In Lake zurich, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in New albany.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New albany | Lake zurich |
|---|---|---|
| Electricity Price | $15.92 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: New albany vs Lake zurich
- Lake zurich has higher electricity costs at $16.15 per kWh, versus $15.92 in New albany.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New albany and Lake zurich averaging $250.