Cost of Living: Niles, OH vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Niles | Hoffman estates |
|---|---|---|
| Housing Index | 88.5 | 110.5 |
| Median Home Price | $131,000 | $390,000 |
| Average Rent (2 BR Apartment) | $820 | $1800 |
| Average Rent (2 BR House) | $872 | $1900 |
Housing Comparison: Niles vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $131,000 in Niles.
- Renting a two-bedroom apartment costs more in Niles at $820 than in Hoffman estates at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Niles | Hoffman estates |
|---|---|---|
| Electricity Price | $15.92 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Niles vs Hoffman estates
- Hoffman estates has higher electricity costs at $16.15 per kWh, versus $15.92 in Niles.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Niles and Hoffman estates averaging $250.