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.