Cost of Living: Park forest, IL vs Lowell, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Park forest | Lowell |
|---|---|---|
| Housing Index | 101.8 | 125.6 |
| Median Home Price | $233,000 | $513,000 |
| Average Rent (2 BR Apartment) | $1758 | $2158 |
| Average Rent (2 BR House) | $1911 | $2346 |
Housing Comparison: Park forest vs Lowell
- The median home price in Lowell is higher at $513,000, compared to $233,000 in Park forest.
- In Lowell, the rental for a two-bedroom apartment stands at $2,158, while it is $1,758 in Park forest.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Park forest | Lowell |
|---|---|---|
| Electricity Price | $16.15 | $28.15 |
| Natural Gas Price | $16.59 | $21.62 |
| Other Utilities | $244 | $258 |
Utilities Comparison: Park forest vs Lowell
- Lowell has higher electricity costs at $28.15 per kWh, versus $16.15 in Park forest.
- Lowell experiences higher natural gas costs at $21.62 per unit, with costs at $16.59 in Park forest.
- Lowell has higher utility expenses, averaging $258, while Park forest averages $244.