Cost of Living: Oak park, IL vs Revere, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak park | Revere |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $398,000 | $451,000 |
| Average Rent (2 BR Apartment) | $1900 | $2600 |
| Average Rent (2 BR House) | $1935 | $2700 |
Housing Comparison: Oak park vs Revere
- The median home price in Revere is higher at $451,000, compared to $398,000 in Oak park.
- In Revere, the rental for a two-bedroom apartment stands at $2,600, while it is $1,900 in Oak park.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oak park | Revere |
|---|---|---|
| Electricity Price | $16.15 | $28.15 |
| Natural Gas Price | $16.59 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oak park vs Revere
- Revere has higher electricity costs at $28.15 per kWh, versus $16.15 in Oak park.
- Revere experiences higher natural gas costs at $21.62 per unit, with costs at $16.59 in Oak park.
- Utility expenses are equal in both Oak park and Revere averaging $250.