Cost of Living: Indianapolis, IN vs Water valley, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Indianapolis | Water valley |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $238,000 | $124,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1200 | $850 |
Housing Comparison: Indianapolis vs Water valley
- In Indianapolis, the median home price is higher at $238,000, while in Water valley it is $124,000.
- In Water valley, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Indianapolis.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Indianapolis | Water valley |
|---|---|---|
| Electricity Price | $14.89 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Indianapolis vs Water valley
- Electricity costs are higher in Indianapolis at $14.89 per kWh, compared to $13.42 in Water valley.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Indianapolis and Water valley averaging $200.