Cost of Living: Portage, WI vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Portage | Hoffman estates |
---|---|---|
Housing Index | 120.0 | 110.5 |
Median Home Price | $193,500 | $390,000 |
Average Rent (2 BR Apartment) | $1250 | $1800 |
Average Rent (2 BR House) | $1300 | $1900 |
Housing Comparison: Portage vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $193,500 in Portage.
- In Hoffman estates, the rental for a two-bedroom apartment stands at $1,800, while it is $1,250 in Portage.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Portage | Hoffman estates |
---|---|---|
Electricity Price | $17.6 | $16.15 |
Natural Gas Price | $11.5 | $16.59 |
Other Utilities | $250 | $250 |
Utilities Comparison: Portage vs Hoffman estates
- Electricity costs are higher in Portage at $17.6 per kWh, compared to $16.15 in Hoffman estates.
- Hoffman estates experiences higher natural gas costs at $16.59 per unit, with costs at $11.5 in Portage.
- Utility expenses are equal in both Portage and Hoffman estates averaging $250.