Cost of Living: Paris, KY vs Lake zurich, IL

Housing

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

Metric Paris Lake zurich
Housing Index 90.0 115.0
Median Home Price $196,000 $437,200
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1900

Housing Comparison: Paris vs Lake zurich

  • The median home price in Lake zurich is higher at $437,200, compared to $196,000 in Paris.
  • In Lake zurich, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Paris.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Paris Lake zurich
Electricity Price $12.87 $16.15
Natural Gas Price $22.78 $16.59
Other Utilities $250 $250

Utilities Comparison: Paris vs Lake zurich

  • Lake zurich has higher electricity costs at $16.15 per kWh, versus $12.87 in Paris.
  • Natural gas is more expensive in Paris at $22.78 per unit, while it is cheaper at $16.59 in Lake zurich.
  • Utility expenses are equal in both Paris and Lake zurich averaging $250.