Cost of Living: Redwood, NY vs Chicago, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redwood | Chicago |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $200,000 | $310,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2200 |
| Average Rent (2 BR House) | $Data is updating | $2250 |
Housing Comparison: Redwood vs Chicago
- The median home price in Chicago is higher at $310,000, compared to $200,000 in Redwood.
- The rent for a two-bedroom apartment is equal in both Redwood and Chicago at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Redwood | Chicago |
|---|---|---|
| Electricity Price | $26.08 | $16.15 |
| Natural Gas Price | $18.13 | $16.59 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Redwood vs Chicago
- Electricity costs are higher in Redwood at $26.08 per kWh, compared to $16.15 in Chicago.
- Natural gas is more expensive in Redwood at $18.13 per unit, while it is cheaper at $16.59 in Chicago.
- Utility expenses are equal in both Redwood and Chicago averaging $0.0.