Cost of Living: Adrian, MI vs Laredo, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Adrian | Laredo |
|---|---|---|
| Housing Index | 85.3 | 90.0 |
| Median Home Price | $155,000 | $260,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1245 | $960 |
Housing Comparison: Adrian vs Laredo
- The median home price in Laredo is higher at $260,000, compared to $155,000 in Adrian.
- In Laredo, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Adrian.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Adrian | Laredo |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Adrian vs Laredo
- Electricity costs are higher in Adrian at $19.88 per kWh, compared to $14.47 in Laredo.
- Laredo experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Adrian.
- Other utility costs are higher in Adrian at an average of $250, compared to Laredo with $150.