Cost of Living: Woodridge, IL vs Elko new market, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Woodridge | Elko new market |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $321,000 | $338,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1920 | $Data is updating |
Housing Comparison: Woodridge vs Elko new market
- The median home price in Elko new market is higher at $338,000, compared to $321,000 in Woodridge.
- The rent for a two-bedroom apartment is equal in both Woodridge and Elko new market at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Woodridge | Elko new market |
|---|---|---|
| Electricity Price | $16.15 | $16.38 |
| Natural Gas Price | $16.59 | $14.87 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Woodridge vs Elko new market
- Elko new market has higher electricity costs at $16.38 per kWh, versus $16.15 in Woodridge.
- Natural gas is more expensive in Woodridge at $16.59 per unit, while it is cheaper at $14.87 in Elko new market.
- Utility expenses are equal in both Woodridge and Elko new market averaging $250.