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.