Cost of Living: Northbrook, IL vs Madrid, NE

Housing

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

Metric Northbrook Madrid
Housing Index 110.0 Data is updating
Median Home Price $494,000 $128,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2240 $Data is updating

Housing Comparison: Northbrook vs Madrid

  • In Northbrook, the median home price is higher at $494,000, while in Madrid it is $128,000.
  • The rent for a two-bedroom apartment is equal in both Northbrook and Madrid at $2,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Northbrook Madrid
Electricity Price $16.15 $12.92
Natural Gas Price $16.59 $13.89
Other Utilities $250 $Data is updating

Utilities Comparison: Northbrook vs Madrid

  • Electricity costs are higher in Northbrook at $16.15 per kWh, compared to $12.92 in Madrid.
  • Natural gas is more expensive in Northbrook at $16.59 per unit, while it is cheaper at $13.89 in Madrid.
  • Utility expenses are equal in both Northbrook and Madrid averaging $250.