Cost of Living: Tinley park, IL vs Newark, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tinley park | Newark |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $280,000 | $176,250 |
| Average Rent (2 BR Apartment) | $1500 | $1120 |
| Average Rent (2 BR House) | $1600 | $1136 |
Housing Comparison: Tinley park vs Newark
- In Tinley park, the median home price is higher at $280,000, while in Newark it is $176,250.
- Renting a two-bedroom apartment costs more in Tinley park at $1,500 than in Newark at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tinley park | Newark |
|---|---|---|
| Electricity Price | $16.15 | $15.92 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $220 |
Utilities Comparison: Tinley park vs Newark
- Electricity costs are higher in Tinley park at $16.15 per kWh, compared to $15.92 in Newark.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Tinley park at an average of $250, compared to Newark with $220.