Cost of Living: Saco, ME vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Saco | Hoffman estates |
|---|---|---|
| Housing Index | 125.0 | 110.5 |
| Median Home Price | $310,000 | $390,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1900 | $1900 |
Housing Comparison: Saco vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $310,000 in Saco.
- The rent for a two-bedroom apartment is equal in both Saco and Hoffman estates at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Saco | Hoffman estates |
|---|---|---|
| Electricity Price | $22.26 | $16.15 |
| Natural Gas Price | $21.63 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Saco vs Hoffman estates
- Electricity costs are higher in Saco at $22.26 per kWh, compared to $16.15 in Hoffman estates.
- Natural gas is more expensive in Saco at $21.63 per unit, while it is cheaper at $16.59 in Hoffman estates.
- Utility expenses are equal in both Saco and Hoffman estates averaging $250.