Cost of Living: Palatine, IL vs Aurora, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Aurora |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $316,000 | $534,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1840 |
Housing Comparison: Palatine vs Aurora
- The median home price in Aurora is higher at $534,000, compared to $316,000 in Palatine.
- The rent for a two-bedroom apartment is equal in both Palatine and Aurora 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 | Palatine | Aurora |
|---|---|---|
| Electricity Price | $16.15 | $15.21 |
| Natural Gas Price | $16.59 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Palatine vs Aurora
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $15.21 in Aurora.
- Natural gas is more expensive in Palatine at $16.59 per unit, while it is cheaper at $11.3 in Aurora.
- Utility expenses are equal in both Palatine and Aurora averaging $250.