Cost of Living: Loves park, IL vs Cedar falls, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Loves park | Cedar falls |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $213,000 | $221,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1600 | $1300 |
Housing Comparison: Loves park vs Cedar falls
- The median home price in Cedar falls is higher at $221,000, compared to $213,000 in Loves park.
- The rent for a two-bedroom apartment is equal in both Loves park and Cedar falls 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 | Loves park | Cedar falls |
|---|---|---|
| Electricity Price | $16.15 | $14.82 |
| Natural Gas Price | $16.59 | $15.61 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Loves park vs Cedar falls
- Electricity costs are higher in Loves park at $16.15 per kWh, compared to $14.82 in Cedar falls.
- Natural gas is more expensive in Loves park at $16.59 per unit, while it is cheaper at $15.61 in Cedar falls.
- Other utility costs are higher in Loves park at an average of $250, compared to Cedar falls with $150.