Cost of Living: Dover, DE vs Laurel, MS

Housing

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

Metric Dover Laurel
Housing Index 115.0 85.0
Median Home Price $303,000 $142,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1360

Housing Comparison: Dover vs Laurel

  • In Dover, the median home price is higher at $303,000, while in Laurel it is $142,000.
  • The rent for a two-bedroom apartment is equal in both Dover and 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 Dover Laurel
Electricity Price $16.29 $13.42
Natural Gas Price $17.77 $22.19
Other Utilities $250 $200

Utilities Comparison: Dover vs Laurel

  • Electricity costs are higher in Dover at $16.29 per kWh, compared to $13.42 in Laurel.
  • Laurel experiences higher natural gas costs at $22.19 per unit, with costs at $17.77 in Dover.
  • Other utility costs are higher in Dover at an average of $250, compared to Laurel with $200.