Cost of Living: Palatine, IL vs Holly springs, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Holly springs |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $316,000 | $420,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1840 | $1600 |
Housing Comparison: Palatine vs Holly springs
- The median home price in Holly springs is higher at $420,000, compared to $316,000 in Palatine.
- Renting a two-bedroom apartment costs more in Palatine at $1,800 than in Holly springs at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palatine | Holly springs |
|---|---|---|
| Electricity Price | $16.15 | $13.72 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Palatine vs Holly springs
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $13.72 in Holly springs.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Palatine and Holly springs averaging $250.