Cost of Living: Cedar lake, IN vs Woodward, OK

Housing

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

Metric Cedar lake Woodward
Housing Index 90.0 80.0
Median Home Price $295,000 $190,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1280

Housing Comparison: Cedar lake vs Woodward

  • In Cedar lake, the median home price is higher at $295,000, while in Woodward it is $190,000.
  • The rent for a two-bedroom apartment is equal in both Cedar lake and Woodward 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 Woodward
Electricity Price $14.89 $12.37
Natural Gas Price $Data is updating $20.27
Other Utilities $250 $250

Utilities Comparison: Cedar lake vs Woodward

  • Electricity costs are higher in Cedar lake at $14.89 per kWh, compared to $12.37 in Woodward.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Cedar lake and Woodward averaging $250.