Cost of Living: New york, NY vs Joliet, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric New york Joliet
Housing Index 125.0 85.0
Median Home Price $800,000 $205,000
Average Rent (2 BR Apartment) $2800 $1200
Average Rent (2 BR House) $2880 $1285

Housing Comparison: New york vs Joliet

  • In New york, the median home price is higher at $800,000, while in Joliet it is $205,000.
  • Renting a two-bedroom apartment costs more in New york at $2,800 than in Joliet 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 New york Joliet
Electricity Price $26.08 $16.15
Natural Gas Price $18.13 $16.59
Other Utilities $250 $200

Utilities Comparison: New york vs Joliet

  • Electricity costs are higher in New york at $26.08 per kWh, compared to $16.15 in Joliet.
  • Natural gas is more expensive in New york at $18.13 per unit, while it is cheaper at $16.59 in Joliet.
  • Other utility costs are higher in New york at an average of $250, compared to Joliet with $200.