Cost of living in Palatine
Palatine, located in Illinois, is a vibrant city with a unique blend of suburban charm and urban amenities. Understanding the cost of living in Palatine is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Domestic Beer (0.5 liter draught) - Enjoy a domestic beer for an average price of $4.
- Imported Beer (0.33 liter bottle) - Imported beer is available at an average price of $5.
- Coke/Pepsi (0.33 liter bottle) - A bottle of Coke or Pepsi costs around $2.5.
Grocery Prices
- Milk - Milk is priced at $0.92 per liter on average.
- Bottle of Wine (Mid-Range) - A mid-range bottle of wine costs approximately $15.
- Imported Beer (0.33 liter bottle) - Imported beer in markets is priced at $2 per bottle.
- Cigarettes 20 Pack (Marlboro) - A pack of Marlboro cigarettes costs $11.
- Chicken Fillets (1kg) - Chicken fillets are available for $8.82 per kg.
Transportation
- Public Transport (One-Way Ticket) - A one-way ticket for local transport costs $4.75.
- Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) - A new Volkswagen Golf costs approximately $18,999.
- Taxi Start (Normal Tariff) - The starting fare for a taxi is $3.
- Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) - A new Toyota Corolla is priced at $26,000.
Utilities
- Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) - Internet services cost around $100 per month.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Palatine offers a moderate cost of living with affordable grocery and dining options. Transportation costs are reasonable, with public transport and taxi fares being accessible.
The cost of utilities, particularly internet services, is on the higher side, which is an important consideration for budgeting.
Conclusion
In conclusion, Palatine, IL, presents a balanced cost of living with affordable options in dining and groceries, making it a viable choice for many.
While transportation and housing costs are manageable, potential residents should consider the higher utility expenses when planning their budget.