Cost of Living: Lafayette, TN vs Marshall, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Marshall |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $225,000 | $187,000 |
| Average Rent (2 BR Apartment) | $1000 | $Data is updating |
| Average Rent (2 BR House) | $1024 | $Data is updating |
Housing Comparison: Lafayette vs Marshall
- In Lafayette, the median home price is higher at $225,000, while in Marshall it is $187,000.
- The rent for a two-bedroom apartment is equal in both Lafayette and Marshall at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Marshall |
|---|---|---|
| Electricity Price | $12.57 | $14.47 |
| Natural Gas Price | $12.35 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lafayette vs Marshall
- Marshall has higher electricity costs at $14.47 per kWh, versus $12.57 in Lafayette.
- Marshall experiences higher natural gas costs at $26.29 per unit, with costs at $12.35 in Lafayette.
- Utility expenses are equal in both Lafayette and Marshall averaging $250.