Cost of Living: Cedar lake, IN vs Glenwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar lake | Glenwood |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $295,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $840 |
Housing Comparison: Cedar lake vs Glenwood
- In Cedar lake, the median home price is higher at $295,000, while in Glenwood it is $150,000.
- In Glenwood, the rental for a two-bedroom apartment stands at $800, 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 | Glenwood |
|---|---|---|
| Electricity Price | $14.89 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cedar lake vs Glenwood
- Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $12.36 in Glenwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Cedar lake and Glenwood averaging $250.