Cost of Living: Palatine, IL vs Jasper, GA

Housing

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

Metric Palatine Jasper
Housing Index 110.0 95.0
Median Home Price $316,000 $256,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1840 $1236

Housing Comparison: Palatine vs Jasper

  • In Palatine, the median home price is higher at $316,000, while in Jasper it is $256,000.
  • Renting a two-bedroom apartment costs more in Palatine at $1,800 than in Jasper at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Palatine Jasper
Electricity Price $16.15 $15.53
Natural Gas Price $16.59 $27.53
Other Utilities $250 $250

Utilities Comparison: Palatine vs Jasper

  • Electricity costs are higher in Palatine at $16.15 per kWh, compared to $15.53 in Jasper.
  • Jasper experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Palatine.
  • Utility expenses are equal in both Palatine and Jasper averaging $250.