Cost of Living: Palatine, IL vs Coral springs, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Coral springs |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $316,000 | $419,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1840 | $2240 |
Housing Comparison: Palatine vs Coral springs
- The median home price in Coral springs is higher at $419,000, compared to $316,000 in Palatine.
- In Coral springs, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Palatine.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palatine | Coral springs |
|---|---|---|
| Electricity Price | $16.15 | $13.89 |
| Natural Gas Price | $16.59 | $26.13 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Palatine vs Coral springs
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $13.89 in Coral springs.
- Coral springs experiences higher natural gas costs at $26.13 per unit, with costs at $16.59 in Palatine.
- Coral springs has higher utility expenses, averaging $275, while Palatine averages $250.