Cost of Living: Cedar lake, IN vs Palestine, TX

Housing

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

Metric Cedar lake Palestine
Housing Index 90.0 85.0
Median Home Price $295,000 $197,000
Average Rent (2 BR Apartment) $1200 $950
Average Rent (2 BR House) $1360 $1024

Housing Comparison: Cedar lake vs Palestine

  • In Cedar lake, the median home price is higher at $295,000, while in Palestine it is $197,000.
  • In Palestine, the rental for a two-bedroom apartment stands at $950, 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 Palestine
Electricity Price $14.89 $14.47
Natural Gas Price $Data is updating $26.29
Other Utilities $250 $200

Utilities Comparison: Cedar lake vs Palestine

  • Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $14.47 in Palestine.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Cedar lake at an average of $250, compared to Palestine with $200.