Cost of Living: Northport, AL vs Palatine, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northport | Palatine |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $237,000 | $316,000 |
| Average Rent (2 BR Apartment) | $1300 | $1800 |
| Average Rent (2 BR House) | $1350 | $1840 |
Housing Comparison: Northport vs Palatine
- The median home price in Palatine is higher at $316,000, compared to $237,000 in Northport.
- In Palatine, the rental for a two-bedroom apartment stands at $1,800, while it is $1,300 in Northport.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Northport | Palatine |
|---|---|---|
| Electricity Price | $15.03 | $16.15 |
| Natural Gas Price | $21.76 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Northport vs Palatine
- Palatine has higher electricity costs at $16.15 per kWh, versus $15.03 in Northport.
- Natural gas is more expensive in Northport at $21.76 per unit, while it is cheaper at $16.59 in Palatine.
- Palatine has higher utility expenses, averaging $250, while Northport averages $200.