Cost of Living: Cedar lake, IN vs Danville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar lake | Danville |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $295,000 | $187,000 |
| Average Rent (2 BR Apartment) | $1200 | $960 |
| Average Rent (2 BR House) | $1360 | $1024 |
Housing Comparison: Cedar lake vs Danville
- In Cedar lake, the median home price is higher at $295,000, while in Danville it is $187,000.
- In Danville, the rental for a two-bedroom apartment stands at $960, 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 | Danville |
|---|---|---|
| Electricity Price | $14.89 | $12.87 |
| Natural Gas Price | $Data is updating | $22.78 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Cedar lake vs Danville
- Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $12.87 in Danville.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Cedar lake at an average of $250, compared to Danville with $200.