Cost of Living: Laurel, MS vs Fort wayne, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Fort wayne |
|---|---|---|
| Housing Index | 85.0 | 85.5 |
| Median Home Price | $142,000 | $195,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1360 | $1000 |
Housing Comparison: Laurel vs Fort wayne
- The median home price in Fort wayne is higher at $195,000, compared to $142,000 in Laurel.
- In Fort wayne, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Laurel.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Fort wayne |
|---|---|---|
| Electricity Price | $13.42 | $14.89 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Laurel vs Fort wayne
- Fort wayne has higher electricity costs at $14.89 per kWh, versus $13.42 in Laurel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Laurel and Fort wayne averaging $200.