Cost of Living: Texarkana, TX vs Palatine, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Texarkana | Palatine |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $150,000 | $316,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Texarkana vs Palatine
- The median home price in Palatine is higher at $316,000, compared to $150,000 in Texarkana.
- The rent for a two-bedroom apartment is equal in both Texarkana and Palatine 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 | Texarkana | Palatine |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Texarkana vs Palatine
- Palatine has higher electricity costs at $16.15 per kWh, versus $14.47 in Texarkana.
- Natural gas is more expensive in Texarkana at $26.29 per unit, while it is cheaper at $16.59 in Palatine.
- Utility expenses are equal in both Texarkana and Palatine averaging $0.0.