Cost of Living: Russellville, KY vs Hanover park, IL

Housing

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

Metric Russellville Hanover park
Housing Index 85.0 115.0
Median Home Price $166,000 $408,000
Average Rent (2 BR Apartment) $1175 $1800
Average Rent (2 BR House) $1200 $1850

Housing Comparison: Russellville vs Hanover park

  • The median home price in Hanover park is higher at $408,000, compared to $166,000 in Russellville.
  • In Hanover park, the rental for a two-bedroom apartment stands at $1,800, while it is $1,175 in Russellville.

Utilities

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

Metric Russellville Hanover park
Electricity Price $12.87 $16.15
Natural Gas Price $22.78 $16.59
Other Utilities $250 $250

Utilities Comparison: Russellville vs Hanover park

  • Hanover park has higher electricity costs at $16.15 per kWh, versus $12.87 in Russellville.
  • Natural gas is more expensive in Russellville at $22.78 per unit, while it is cheaper at $16.59 in Hanover park.
  • Utility expenses are equal in both Russellville and Hanover park averaging $250.