Cost of Living: Vernon hills, IL vs Parker, CO

Housing

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

Metric Vernon hills Parker
Housing Index 110.0 138.0
Median Home Price $392,500 $560,000
Average Rent (2 BR Apartment) $1800 $2200
Average Rent (2 BR House) $1856 $2245

Housing Comparison: Vernon hills vs Parker

  • The median home price in Parker is higher at $560,000, compared to $392,500 in Vernon hills.
  • In Parker, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Vernon hills.

Utilities

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

Metric Vernon hills Parker
Electricity Price $16.15 $15.21
Natural Gas Price $16.59 $11.3
Other Utilities $250 $290

Utilities Comparison: Vernon hills vs Parker

  • Electricity costs are higher in Vernon hills at $16.15 per kWh, compared to $15.21 in Parker.
  • Natural gas is more expensive in Vernon hills at $16.59 per unit, while it is cheaper at $11.3 in Parker.
  • Parker has higher utility expenses, averaging $290, while Vernon hills averages $250.