Cost of Living: Laurel, MD vs Lawrence, KS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Lawrence |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $414,000 | $248,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1360 |
Housing Comparison: Laurel vs Lawrence
- In Laurel, the median home price is higher at $414,000, while in Lawrence it is $248,000.
- Renting a two-bedroom apartment costs more in Laurel at $2,200 than in Lawrence at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Lawrence |
|---|---|---|
| Electricity Price | $17.41 | $14.22 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Laurel vs Lawrence
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $14.22 in Lawrence.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Laurel at an average of $250, compared to Lawrence with $200.