Cost of Living: Tipp city, OH vs Chicago, IL

Housing

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

Metric Tipp city Chicago
Housing Index 90.0 110.0
Median Home Price $211,000 $310,000
Average Rent (2 BR Apartment) $1200 $2200
Average Rent (2 BR House) $1280 $2250

Housing Comparison: Tipp city vs Chicago

  • The median home price in Chicago is higher at $310,000, compared to $211,000 in Tipp city.
  • In Chicago, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Tipp city.

Utilities

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

Metric Tipp city Chicago
Electricity Price $15.92 $16.15
Natural Gas Price $Data is updating $16.59
Other Utilities $200 $250

Utilities Comparison: Tipp city vs Chicago

  • Chicago has higher electricity costs at $16.15 per kWh, versus $15.92 in Tipp city.
  • Natural gas price data is currently unavailable.
  • Chicago has higher utility expenses, averaging $250, while Tipp city averages $200.