Cost of Living: Cedar lake, IN vs The colony, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar lake | The colony |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $295,000 | $413,000 |
| Average Rent (2 BR Apartment) | $1200 | $1900 |
| Average Rent (2 BR House) | $1360 | $2000 |
Housing Comparison: Cedar lake vs The colony
- The median home price in The colony is higher at $413,000, compared to $295,000 in Cedar lake.
- In The colony, the rental for a two-bedroom apartment stands at $1,900, 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 | The colony |
|---|---|---|
| Electricity Price | $14.89 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cedar lake vs The colony
- Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $14.47 in The colony.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Cedar lake and The colony averaging $250.