Cost of Living: Laurel, MT vs Des plaines, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Laurel Des plaines
Housing Index 85.0 110.0
Median Home Price $299,000 $338,000
Average Rent (2 BR Apartment) $960 $1500
Average Rent (2 BR House) $1024 $1600

Housing Comparison: Laurel vs Des plaines

  • The median home price in Des plaines is higher at $338,000, compared to $299,000 in Laurel.
  • Renting a two-bedroom apartment costs more in Laurel at $960 than in Des plaines at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Laurel Des plaines
Electricity Price $13.58 $16.15
Natural Gas Price $8.31 $16.59
Other Utilities $200 $250

Utilities Comparison: Laurel vs Des plaines

  • Des plaines has higher electricity costs at $16.15 per kWh, versus $13.58 in Laurel.
  • Natural gas is more expensive in Laurel at $8.31 per unit, while it is cheaper at $16.59 in Des plaines.
  • Des plaines has higher utility expenses, averaging $250, while Laurel averages $200.