Cost of Living: Cedar lake, IN vs Salt lake city, UT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Cedar lake Salt lake city
Housing Index 90.0 125.0
Median Home Price $295,000 $469,000
Average Rent (2 BR Apartment) $1200 $1750
Average Rent (2 BR House) $1360 $1950

Housing Comparison: Cedar lake vs Salt lake city

  • The median home price in Salt lake city is higher at $469,000, compared to $295,000 in Cedar lake.
  • In Salt lake city, the rental for a two-bedroom apartment stands at $1,750, while it is $1,200 in Cedar lake.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Cedar lake Salt lake city
Electricity Price $14.89 $11.5
Natural Gas Price $Data is updating $14
Other Utilities $250 $250

Utilities Comparison: Cedar lake vs Salt lake city

  • Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $11.5 in Salt lake city.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Cedar lake and Salt lake city averaging $250.