Cost of Living: Chicago, IL vs Los angeles, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chicago | Los angeles |
|---|---|---|
| Housing Index | 110.0 | 140.0 |
| Median Home Price | $310,000 | $837,000 |
| Average Rent (2 BR Apartment) | $2070 | $2760 |
| Average Rent (2 BR House) | $2250 | $3000 |
Housing Comparison: Chicago vs Los angeles
- The median home price in Los angeles is higher at $837,000, compared to $310,000 in Chicago.
- In Los angeles, the rental for a two-bedroom apartment stands at $2,760, while it is $2,070 in Chicago.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chicago | Los angeles |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chicago vs Los angeles
- Los angeles has higher electricity costs at $32.99 per kWh, versus $16.15 in Chicago.
- Los angeles experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Chicago.
- Utility expenses are equal in both Chicago and Los angeles averaging $250.