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 86 101.8
Median Home Price $124,000 $115,000
Average Rent (2 BR Apartment) $1309 $745
Average Rent (2 BR House) $1423 $810

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.
  • In Danville, the rental for a two-bedroom apartment stands at $745, while it is $1,309 in Water valley.

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 $207 $244

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 $244, while Water valley averages $207.