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.