Cost of Living: Waukegan, IL vs Taylor, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waukegan | Taylor |
|---|---|---|
| Housing Index | 95.0 | 95.0 |
| Median Home Price | $248,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1500 | $1400 |
| Average Rent (2 BR House) | $1600 | $1445 |
Housing Comparison: Waukegan vs Taylor
- In Waukegan, the median home price is higher at $248,000, while in Taylor it is $200,000.
- Renting a two-bedroom apartment costs more in Waukegan at $1,500 than in Taylor at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waukegan | Taylor |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Waukegan vs Taylor
- Taylor has higher electricity costs at $19.88 per kWh, versus $16.15 in Waukegan.
- Natural gas is more expensive in Waukegan at $16.59 per unit, while it is cheaper at $15.42 in Taylor.
- Taylor has higher utility expenses, averaging $250, while Waukegan averages $230.