Cost of Living: Fort dodge, IA vs Laurel, MD

Housing

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

Metric Fort dodge Laurel
Housing Index 85.0 120.0
Median Home Price $159,000 $414,000
Average Rent (2 BR Apartment) $900 $2200
Average Rent (2 BR House) $960 $2240

Housing Comparison: Fort dodge vs Laurel

  • The median home price in Laurel is higher at $414,000, compared to $159,000 in Fort dodge.
  • Renting a two-bedroom apartment costs more in Fort dodge at $900 than in Laurel at $2,200.

Utilities

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

Metric Fort dodge Laurel
Electricity Price $14.82 $17.41
Natural Gas Price $15.61 $18.44
Other Utilities $200 $250

Utilities Comparison: Fort dodge vs Laurel

  • Laurel has higher electricity costs at $17.41 per kWh, versus $14.82 in Fort dodge.
  • Laurel experiences higher natural gas costs at $18.44 per unit, with costs at $15.61 in Fort dodge.
  • Laurel has higher utility expenses, averaging $250, while Fort dodge averages $200.