Cost of Living: Palatine, IL vs Broken bow, NE

Housing

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

Metric Palatine Broken bow
Housing Index 110.0 Data is updating
Median Home Price $316,000 $164,900
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Palatine vs Broken bow

  • In Palatine, the median home price is higher at $316,000, while in Broken bow it is $164,900.
  • The rent for a two-bedroom apartment is equal in both Palatine and Broken bow 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 Broken bow
Electricity Price $16.15 $12.92
Natural Gas Price $16.59 $13.89
Other Utilities $250 $Data is updating

Utilities Comparison: Palatine vs Broken bow

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