Cost of Living: Park forest, IL vs Algonac, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Park forest | Algonac |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $233,000 | $175,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Park forest vs Algonac
- In Park forest, the median home price is higher at $233,000, while in Algonac it is $175,000.
- The rent for a two-bedroom apartment is equal in both Park forest and Algonac 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 | Park forest | Algonac |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Park forest vs Algonac
- Algonac has higher electricity costs at $19.88 per kWh, versus $16.15 in Park forest.
- Natural gas is more expensive in Park forest at $16.59 per unit, while it is cheaper at $15.42 in Algonac.
- Utility expenses are equal in both Park forest and Algonac averaging $200.