Cost of Living: Greenwood, IN vs Laurel, MT

Housing

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

Metric Greenwood Laurel
Housing Index 90.0 85.0
Median Home Price $287,500 $299,000
Average Rent (2 BR Apartment) $1200 $960
Average Rent (2 BR House) $1300 $1024

Housing Comparison: Greenwood vs Laurel

  • The median home price in Laurel is higher at $299,000, compared to $287,500 in Greenwood.
  • In Laurel, the rental for a two-bedroom apartment stands at $960, while it is $1,200 in Greenwood.

Utilities

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

Metric Greenwood Laurel
Electricity Price $14.89 $13.58
Natural Gas Price $Data is updating $8.31
Other Utilities $250 $200

Utilities Comparison: Greenwood vs Laurel

  • Electricity costs are higher in Greenwood at $14.89 per kWh, compared to $13.58 in Laurel.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Greenwood at an average of $250, compared to Laurel with $200.