Cost of Living: Addison, IL vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Saginaw |
|---|---|---|
| Housing Index | 101.8 | 91 |
| Median Home Price | $315,000 | $108,000 |
| Average Rent (2 BR Apartment) | $1633 | $874 |
| Average Rent (2 BR House) | $1775 | $950 |
Housing Comparison: Addison vs Saginaw
- In Addison, the median home price is higher at $315,000, while in Saginaw it is $108,000.
- In Saginaw, the rental for a two-bedroom apartment stands at $874, while it is $1,633 in Addison.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Addison | Saginaw |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $244 | $237 |
Utilities Comparison: Addison vs Saginaw
- Saginaw has higher electricity costs at $19.88 per kWh, versus $16.15 in Addison.
- Natural gas is more expensive in Addison at $16.59 per unit, while it is cheaper at $15.42 in Saginaw.
- Other utility costs are higher in Addison at an average of $244, compared to Saginaw with $237.