Cost of Living: Water valley, MS vs Danville, IL

Housing

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

Metric Water valley Danville
Housing Index 90.0 90.0
Median Home Price $124,000 $115,000
Average Rent (2 BR Apartment) $800 $1200
Average Rent (2 BR House) $850 $1300

Housing Comparison: Water valley vs Danville

  • In Water valley, the median home price is higher at $124,000, while in Danville it is $115,000.
  • Renting a two-bedroom apartment costs more in Water valley at $800 than in Danville 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 Water valley Danville
Electricity Price $13.42 $16.15
Natural Gas Price $22.19 $16.59
Other Utilities $200 $250

Utilities Comparison: Water valley vs Danville

  • Danville has higher electricity costs at $16.15 per kWh, versus $13.42 in Water valley.
  • Natural gas is more expensive in Water valley at $22.19 per unit, while it is cheaper at $16.59 in Danville.
  • Danville has higher utility expenses, averaging $250, while Water valley averages $200.