Cost of Living: Cedar lake, IN vs Socorro, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar lake | Socorro |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $295,000 | $154,500 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Cedar lake vs Socorro
- In Cedar lake, the median home price is higher at $295,000, while in Socorro it is $154,500.
- The rent for a two-bedroom apartment is equal in both Cedar lake and Socorro 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 | Socorro |
|---|---|---|
| Electricity Price | $14.89 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Cedar lake vs Socorro
- Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $14.47 in Socorro.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Cedar lake and Socorro averaging $250.