Cost of Living: Dewey, OK vs Laurel, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dewey | Laurel |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $150,000 | $142,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1360 |
Housing Comparison: Dewey vs Laurel
- In Dewey, the median home price is higher at $150,000, while in Laurel it is $142,000.
- Renting a two-bedroom apartment costs more in Dewey at $800 than in Laurel 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 | Dewey | Laurel |
|---|---|---|
| Electricity Price | $12.37 | $13.42 |
| Natural Gas Price | $20.27 | $22.19 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Dewey vs Laurel
- Laurel has higher electricity costs at $13.42 per kWh, versus $12.37 in Dewey.
- Laurel experiences higher natural gas costs at $22.19 per unit, with costs at $20.27 in Dewey.
- Utility expenses are equal in both Dewey and Laurel averaging $200.