Cost of Living: Laredo, TX vs Hyattsville, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laredo | Hyattsville |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $260,000 | $347,000 |
| Average Rent (2 BR Apartment) | $950 | $1800 |
| Average Rent (2 BR House) | $960 | $1920 |
Housing Comparison: Laredo vs Hyattsville
- The median home price in Hyattsville is higher at $347,000, compared to $260,000 in Laredo.
- Renting a two-bedroom apartment costs more in Laredo at $950 than in Hyattsville at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laredo | Hyattsville |
|---|---|---|
| Electricity Price | $14.47 | $17.41 |
| Natural Gas Price | $26.29 | $18.44 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Laredo vs Hyattsville
- Hyattsville has higher electricity costs at $17.41 per kWh, versus $14.47 in Laredo.
- Natural gas is more expensive in Laredo at $26.29 per unit, while it is cheaper at $18.44 in Hyattsville.
- Hyattsville has higher utility expenses, averaging $250, while Laredo averages $150.