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.