Cost of Living: Newton, KS vs Chicago, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newton | Chicago |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $200,000 | $310,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1360 | $2250 |
Housing Comparison: Newton vs Chicago
- The median home price in Chicago is higher at $310,000, compared to $200,000 in Newton.
- In Chicago, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Newton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newton | Chicago |
|---|---|---|
| Electricity Price | $14.22 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newton vs Chicago
- Chicago has higher electricity costs at $16.15 per kWh, versus $14.22 in Newton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Newton and Chicago averaging $250.