Cost of Living: Palatine, IL vs Oakes, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Oakes |
|---|---|---|
| Housing Index | 110.0 | 78.0 |
| Median Home Price | $316,000 | $197,000 |
| Average Rent (2 BR Apartment) | $1800 | $950 |
| Average Rent (2 BR House) | $1840 | $975 |
Housing Comparison: Palatine vs Oakes
- In Palatine, the median home price is higher at $316,000, while in Oakes it is $197,000.
- In Oakes, the rental for a two-bedroom apartment stands at $950, while it is $1,800 in Palatine.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palatine | Oakes |
|---|---|---|
| Electricity Price | $16.15 | $13.65 |
| Natural Gas Price | $16.59 | $10.8 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Palatine vs Oakes
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $13.65 in Oakes.
- Natural gas is more expensive in Palatine at $16.59 per unit, while it is cheaper at $10.8 in Oakes.
- Other utility costs are higher in Palatine at an average of $250, compared to Oakes with $200.