Cost of Living: Saratoga springs, NY vs Cedar lake, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Saratoga springs | Cedar lake |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $430,000 | $295,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1360 |
Housing Comparison: Saratoga springs vs Cedar lake
- In Saratoga springs, the median home price is higher at $430,000, while in Cedar lake it is $295,000.
- Renting a two-bedroom apartment costs more in Saratoga springs at $2,300 than in 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 | Saratoga springs | Cedar lake |
|---|---|---|
| Electricity Price | $26.08 | $14.89 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Saratoga springs vs Cedar lake
- Electricity costs are higher in Saratoga springs at $26.08 per kWh, compared to $14.89 in Cedar lake.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Saratoga springs and Cedar lake averaging $250.