Cost of Living: Durand, IL vs Carmel, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Durand | Carmel |
|---|---|---|
| Housing Index | Data is updating | 120.5 |
| Median Home Price | $98,800 | $396,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1830 |
Housing Comparison: Durand vs Carmel
- The median home price in Carmel is higher at $396,000, compared to $98,800 in Durand.
- The rent for a two-bedroom apartment is equal in both Durand and Carmel at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Durand | Carmel |
|---|---|---|
| Electricity Price | $16.15 | $14.89 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Durand vs Carmel
- Electricity costs are higher in Durand at $16.15 per kWh, compared to $14.89 in Carmel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Durand and Carmel averaging $0.0.