Cost of Living: Palatine, IL vs Oxford, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Oxford |
|---|---|---|
| Housing Index | 110.0 | 90.5 |
| Median Home Price | $316,000 | $244,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1360 |
Housing Comparison: Palatine vs Oxford
- In Palatine, the median home price is higher at $316,000, while in Oxford it is $244,000.
- Renting a two-bedroom apartment costs more in Palatine at $1,800 than in Oxford 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 | Oxford |
|---|---|---|
| Electricity Price | $16.15 | $13.42 |
| Natural Gas Price | $16.59 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Palatine vs Oxford
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $13.42 in Oxford.
- Oxford experiences higher natural gas costs at $22.19 per unit, with costs at $16.59 in Palatine.
- Other utility costs are higher in Palatine at an average of $250, compared to Oxford with $200.