Cost of Living: Lafayette, LA vs Niles, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Niles |
|---|---|---|
| Housing Index | 90.0 | 88.5 |
| Median Home Price | $215,000 | $131,000 |
| Average Rent (2 BR Apartment) | $1200 | $820 |
| Average Rent (2 BR House) | $1360 | $872 |
Housing Comparison: Lafayette vs Niles
- In Lafayette, the median home price is higher at $215,000, while in Niles it is $131,000.
- In Niles, the rental for a two-bedroom apartment stands at $820, while it is $1,200 in Lafayette.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Niles |
|---|---|---|
| Electricity Price | $11.42 | $15.92 |
| Natural Gas Price | $19.48 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lafayette vs Niles
- Niles has higher electricity costs at $15.92 per kWh, versus $11.42 in Lafayette.
- Natural gas price data is currently unavailable.
- Niles has higher utility expenses, averaging $250, while Lafayette averages $200.