Cost of Living: Paris, IL vs Austin, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paris | Austin |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $105,000 | $572,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $850 | $1840 |
Housing Comparison: Paris vs Austin
- The median home price in Austin is higher at $572,000, compared to $105,000 in Paris.
- Renting a two-bedroom apartment costs more in Paris at $800 than in Austin 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 | Paris | Austin |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Paris vs Austin
- Electricity costs are higher in Paris at $16.15 per kWh, compared to $14.47 in Austin.
- Austin experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Paris.
- Utility expenses are equal in both Paris and Austin averaging $200.