Cost of Living: Ozark, MO vs Palatine, IL

Housing

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

Metric Ozark Palatine
Housing Index 86.0 110.0
Median Home Price $253,000 $316,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $1000 $1840

Housing Comparison: Ozark vs Palatine

  • The median home price in Palatine is higher at $316,000, compared to $253,000 in Ozark.
  • Renting a two-bedroom apartment costs more in Ozark at $950 than in Palatine 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 Ozark Palatine
Electricity Price $14.64 $16.15
Natural Gas Price $23.25 $16.59
Other Utilities $200 $250

Utilities Comparison: Ozark vs Palatine

  • Palatine has higher electricity costs at $16.15 per kWh, versus $14.64 in Ozark.
  • Natural gas is more expensive in Ozark at $23.25 per unit, while it is cheaper at $16.59 in Palatine.
  • Palatine has higher utility expenses, averaging $250, while Ozark averages $200.