Cost of Living: Durango, CO vs Lafayette, LA

Housing

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

Metric Durango Lafayette
Housing Index 110.0 90.0
Median Home Price $526,000 $215,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1920 $1360

Housing Comparison: Durango vs Lafayette

  • In Durango, the median home price is higher at $526,000, while in Lafayette it is $215,000.
  • Renting a two-bedroom apartment costs more in Durango at $1,800 than in Lafayette 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 Durango Lafayette
Electricity Price $15.21 $11.42
Natural Gas Price $11.3 $19.48
Other Utilities $250 $200

Utilities Comparison: Durango vs Lafayette

  • Electricity costs are higher in Durango at $15.21 per kWh, compared to $11.42 in Lafayette.
  • Lafayette experiences higher natural gas costs at $19.48 per unit, with costs at $11.3 in Durango.
  • Other utility costs are higher in Durango at an average of $250, compared to Lafayette with $200.