Cost of Living: Cedar lake, IN vs Clarksdale, MS

Housing

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

Metric Cedar lake Clarksdale
Housing Index 90.0 75.0
Median Home Price $295,000 $120,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1300

Housing Comparison: Cedar lake vs Clarksdale

  • In Cedar lake, the median home price is higher at $295,000, while in Clarksdale it is $120,000.
  • The rent for a two-bedroom apartment is equal in both Cedar lake and Clarksdale at $1,200.

Utilities

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

Metric Cedar lake Clarksdale
Electricity Price $14.89 $13.42
Natural Gas Price $Data is updating $22.19
Other Utilities $250 $150

Utilities Comparison: Cedar lake vs Clarksdale

  • Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $13.42 in Clarksdale.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Cedar lake at an average of $250, compared to Clarksdale with $150.