Cost of Living: Bellingham, WA vs Laurel, MT

Housing

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

Metric Bellingham Laurel
Housing Index 110.5 85.0
Median Home Price $577,500 $299,000
Average Rent (2 BR Apartment) $2200 $960
Average Rent (2 BR House) $2240 $1024

Housing Comparison: Bellingham vs Laurel

  • In Bellingham, the median home price is higher at $577,500, while in Laurel it is $299,000.
  • In Laurel, the rental for a two-bedroom apartment stands at $960, while it is $2,200 in Bellingham.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Bellingham Laurel
Electricity Price $12.34 $13.58
Natural Gas Price $18.14 $8.31
Other Utilities $250 $200

Utilities Comparison: Bellingham vs Laurel

  • Laurel has higher electricity costs at $13.58 per kWh, versus $12.34 in Bellingham.
  • Laurel experiences higher natural gas costs at $8.31 per unit, with costs at $18.14 in Bellingham.
  • Other utility costs are higher in Bellingham at an average of $250, compared to Laurel with $200.