Cost of Living: Albany, GA vs New iberia, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | New iberia |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $184,000 | $155,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $848 | $1280 |
Housing Comparison: Albany vs New iberia
- In Albany, the median home price is higher at $184,000, while in New iberia it is $155,000.
- Renting a two-bedroom apartment costs more in Albany at $800 than in New iberia 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 | Albany | New iberia |
|---|---|---|
| Electricity Price | $15.53 | $11.42 |
| Natural Gas Price | $27.53 | $19.48 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Albany vs New iberia
- Electricity costs are higher in Albany at $15.53 per kWh, compared to $11.42 in New iberia.
- Natural gas is more expensive in Albany at $27.53 per unit, while it is cheaper at $19.48 in New iberia.
- New iberia has higher utility expenses, averaging $250, while Albany averages $150.