Cost of Living: Danville, IL vs Minden, NV

Housing

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

Metric Danville Minden
Housing Index 90.0 120.0
Median Home Price $115,000 $545,000
Average Rent (2 BR Apartment) $1200 $2100
Average Rent (2 BR House) $1300 $2240

Housing Comparison: Danville vs Minden

  • The median home price in Minden is higher at $545,000, compared to $115,000 in Danville.
  • In Minden, the rental for a two-bedroom apartment stands at $2,100, while it is $1,200 in Danville.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Danville Minden
Electricity Price $16.15 $15.5
Natural Gas Price $16.59 $20.66
Other Utilities $250 $275

Utilities Comparison: Danville vs Minden

  • Electricity costs are higher in Danville at $16.15 per kWh, compared to $15.5 in Minden.
  • Minden experiences higher natural gas costs at $20.66 per unit, with costs at $16.59 in Danville.
  • Minden has higher utility expenses, averaging $275, while Danville averages $250.