Cost of Living: Norfolk, VA vs Franklin park, IL

Housing

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

Metric Norfolk Franklin park
Housing Index 110.0 Data is updating
Median Home Price $292,000 $280,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Norfolk vs Franklin park

  • In Norfolk, the median home price is higher at $292,000, while in Franklin park it is $280,000.
  • The rent for a two-bedroom apartment is equal in both Norfolk and Franklin park 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 Norfolk Franklin park
Electricity Price $15.31 $16.15
Natural Gas Price $19.91 $16.59
Other Utilities $250 $Data is updating

Utilities Comparison: Norfolk vs Franklin park

  • Franklin park has higher electricity costs at $16.15 per kWh, versus $15.31 in Norfolk.
  • Natural gas is more expensive in Norfolk at $19.91 per unit, while it is cheaper at $16.59 in Franklin park.
  • Utility expenses are equal in both Norfolk and Franklin park averaging $250.