Cost of Living: Palatine, IL vs Lancaster, CA

Housing

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

Metric Palatine Lancaster
Housing Index 110.0 115.0
Median Home Price $316,000 $399,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1875

Housing Comparison: Palatine vs Lancaster

  • The median home price in Lancaster is higher at $399,000, compared to $316,000 in Palatine.
  • The rent for a two-bedroom apartment is equal in both Palatine and Lancaster 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 Lancaster
Electricity Price $16.15 $32.99
Natural Gas Price $16.59 $16.99
Other Utilities $250 $250

Utilities Comparison: Palatine vs Lancaster

  • Lancaster has higher electricity costs at $32.99 per kWh, versus $16.15 in Palatine.
  • Lancaster experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Palatine.
  • Utility expenses are equal in both Palatine and Lancaster averaging $250.