Cost of Living: Southlake, TX vs Oak park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Oak park |
|---|---|---|
| Housing Index | 145.0 | 115.0 |
| Median Home Price | $668,000 | $398,000 |
| Average Rent (2 BR Apartment) | $4738 | $1409 |
| Average Rent (2 BR House) | $5150 | $1532 |
Housing Comparison: Southlake vs Oak park
- In Southlake, the median home price is higher at $668,000, while in Oak park it is $398,000.
- Renting a two-bedroom apartment costs more in Southlake at $4,738 than in Oak park at $1,409.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southlake | Oak park |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Southlake vs Oak park
- Oak park has higher electricity costs at $16.15 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $16.59 in Oak park.
- Utility expenses are equal in both Southlake and Oak park averaging $250.