Cost of Living: Springfield, MO vs Cedar lake, IN

Housing

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

Metric Springfield Cedar lake
Housing Index 85.0 90.0
Median Home Price $215,000 $295,000
Average Rent (2 BR Apartment) $900 $1200
Average Rent (2 BR House) $960 $1360

Housing Comparison: Springfield vs Cedar lake

  • The median home price in Cedar lake is higher at $295,000, compared to $215,000 in Springfield.
  • Renting a two-bedroom apartment costs more in Springfield at $900 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 Springfield Cedar lake
Electricity Price $14.64 $14.89
Natural Gas Price $23.25 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Springfield vs Cedar lake

  • Cedar lake has higher electricity costs at $14.89 per kWh, versus $14.64 in Springfield.
  • Natural gas price data is currently unavailable.
  • Cedar lake has higher utility expenses, averaging $250, while Springfield averages $200.