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.