Cost of Living: Raleigh, NC vs Vernon hills, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Raleigh | Vernon hills |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $391,000 | $392,500 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1856 |
Housing Comparison: Raleigh vs Vernon hills
- The median home price in Vernon hills is higher at $392,500, compared to $391,000 in Raleigh.
- In Vernon hills, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Raleigh.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Raleigh | Vernon hills |
|---|---|---|
| Electricity Price | $13.72 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Raleigh vs Vernon hills
- Vernon hills has higher electricity costs at $16.15 per kWh, versus $13.72 in Raleigh.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Raleigh and Vernon hills averaging $250.