Cost of Living: Roanoke, VA vs Lake zurich, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Roanoke Lake zurich
Housing Index 95.0 115.0
Median Home Price $241,000 $437,200
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1400 $1900

Housing Comparison: Roanoke vs Lake zurich

  • The median home price in Lake zurich is higher at $437,200, compared to $241,000 in Roanoke.
  • In Lake zurich, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Roanoke.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Roanoke Lake zurich
Electricity Price $15.31 $16.15
Natural Gas Price $19.91 $16.59
Other Utilities $200 $250

Utilities Comparison: Roanoke vs Lake zurich

  • Lake zurich has higher electricity costs at $16.15 per kWh, versus $15.31 in Roanoke.
  • Natural gas is more expensive in Roanoke at $19.91 per unit, while it is cheaper at $16.59 in Lake zurich.
  • Lake zurich has higher utility expenses, averaging $250, while Roanoke averages $200.