Cost of Living: Hickman, KY vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickman | Hoffman estates |
|---|---|---|
| Housing Index | 100 | 101.8 |
| Median Home Price | $162,000 | $390,000 |
| Average Rent (2 BR Apartment) | $1350 | $1790 |
| Average Rent (2 BR House) | $1467 | $1945 |
Housing Comparison: Hickman vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $162,000 in Hickman.
- In Hoffman estates, the rental for a two-bedroom apartment stands at $1,790, while it is $1,350 in Hickman.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hickman | Hoffman estates |
|---|---|---|
| Electricity Price | $12.87 | $16.15 |
| Natural Gas Price | $22.78 | $16.59 |
| Other Utilities | $225 | $244 |
Utilities Comparison: Hickman vs Hoffman estates
- Hoffman estates has higher electricity costs at $16.15 per kWh, versus $12.87 in Hickman.
- Natural gas is more expensive in Hickman at $22.78 per unit, while it is cheaper at $16.59 in Hoffman estates.
- Hoffman estates has higher utility expenses, averaging $244, while Hickman averages $225.