Cost of Living: Meridian, ID vs Park forest, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Meridian | Park forest |
|---|---|---|
| Housing Index | 115.0 | 101.8 |
| Median Home Price | $427,000 | $233,000 |
| Average Rent (2 BR Apartment) | $1762 | $1758 |
| Average Rent (2 BR House) | $1915 | $1911 |
Housing Comparison: Meridian vs Park forest
- In Meridian, the median home price is higher at $427,000, while in Park forest it is $233,000.
- Renting a two-bedroom apartment costs more in Meridian at $1,762 than in Park forest at $1,758.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Meridian | Park forest |
|---|---|---|
| Electricity Price | $12.28 | $16.15 |
| Natural Gas Price | $9.87 | $16.59 |
| Other Utilities | $250 | $244 |
Utilities Comparison: Meridian vs Park forest
- Park forest has higher electricity costs at $16.15 per kWh, versus $12.28 in Meridian.
- Natural gas is more expensive in Meridian at $9.87 per unit, while it is cheaper at $16.59 in Park forest.
- Other utility costs are higher in Meridian at an average of $250, compared to Park forest with $244.