Cost of Living: Boone, NC vs Laurel, MT

Housing

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

Metric Boone Laurel
Housing Index 85.0 85.0
Median Home Price $300,000 $299,000
Average Rent (2 BR Apartment) $1200 $960
Average Rent (2 BR House) $1360 $1024

Housing Comparison: Boone vs Laurel

  • In Boone, the median home price is higher at $300,000, while in Laurel it is $299,000.
  • In Laurel, the rental for a two-bedroom apartment stands at $960, while it is $1,200 in Boone.

Utilities

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

Metric Boone Laurel
Electricity Price $13.72 $13.58
Natural Gas Price $Data is updating $8.31
Other Utilities $150 $200

Utilities Comparison: Boone vs Laurel

  • Electricity costs are higher in Boone at $13.72 per kWh, compared to $13.58 in Laurel.
  • Natural gas price data is currently unavailable.
  • Laurel has higher utility expenses, averaging $200, while Boone averages $150.