Cost of Living: Rockford, IL vs Cedar lake, IN

Housing

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

Metric Rockford Cedar lake
Housing Index 85.0 90.0
Median Home Price $156,000 $295,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1360

Housing Comparison: Rockford vs Cedar lake

  • The median home price in Cedar lake is higher at $295,000, compared to $156,000 in Rockford.
  • The rent for a two-bedroom apartment is equal in both Rockford and Cedar lake 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 Rockford Cedar lake
Electricity Price $16.15 $14.89
Natural Gas Price $16.59 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Rockford vs Cedar lake

  • Electricity costs are higher in Rockford at $16.15 per kWh, compared to $14.89 in Cedar lake.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Rockford and Cedar lake averaging $250.