Cost of Living: Kasson, MN vs Laurel, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kasson | Laurel |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $267,000 | $414,000 |
| Average Rent (2 BR Apartment) | $1500 | $2200 |
| Average Rent (2 BR House) | $1600 | $2240 |
Housing Comparison: Kasson vs Laurel
- The median home price in Laurel is higher at $414,000, compared to $267,000 in Kasson.
- In Laurel, the rental for a two-bedroom apartment stands at $2,200, while it is $1,500 in Kasson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kasson | Laurel |
|---|---|---|
| Electricity Price | $16.38 | $17.41 |
| Natural Gas Price | $14.87 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Kasson vs Laurel
- Laurel has higher electricity costs at $17.41 per kWh, versus $16.38 in Kasson.
- Laurel experiences higher natural gas costs at $18.44 per unit, with costs at $14.87 in Kasson.
- Utility expenses are equal in both Kasson and Laurel averaging $250.