Cost of Living: Alamo, TN vs Lafayette, LA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Alamo | Lafayette |
---|---|---|
Housing Index | 85.0 | 90.0 |
Median Home Price | $178,000 | $215,000 |
Average Rent (2 BR Apartment) | $800 | $1200 |
Average Rent (2 BR House) | $800 | $1360 |
Housing Comparison: Alamo vs Lafayette
- The median home price in Lafayette is higher at $215,000, compared to $178,000 in Alamo.
- Renting a two-bedroom apartment costs more in Alamo at $800 than in Lafayette 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 | Alamo | Lafayette |
---|---|---|
Electricity Price | $12.57 | $11.42 |
Natural Gas Price | $12.35 | $19.48 |
Other Utilities | $150 | $200 |
Utilities Comparison: Alamo vs Lafayette
- Electricity costs are higher in Alamo at $12.57 per kWh, compared to $11.42 in Lafayette.
- Lafayette experiences higher natural gas costs at $19.48 per unit, with costs at $12.35 in Alamo.
- Lafayette has higher utility expenses, averaging $200, while Alamo averages $150.