Cost of Living: Albuquerque, NM vs Lake arthur, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albuquerque | Lake arthur |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $272,000 | $163,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Albuquerque vs Lake arthur
- In Albuquerque, the median home price is higher at $272,000, while in Lake arthur it is $163,000.
- The rent for a two-bedroom apartment is equal in both Albuquerque and Lake arthur 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 | Albuquerque | Lake arthur |
|---|---|---|
| Electricity Price | $14.44 | $11.42 |
| Natural Gas Price | $Data is updating | $19.48 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Albuquerque vs Lake arthur
- Electricity costs are higher in Albuquerque at $14.44 per kWh, compared to $11.42 in Lake arthur.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Albuquerque and Lake arthur averaging $250.