Cost of Living: La crescent, MN vs Luray, VA

Housing

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

Metric La crescent Luray
Housing Index 95.0 95.0
Median Home Price $257,500 $261,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1360

Housing Comparison: La crescent vs Luray

  • The median home price in Luray is higher at $261,000, compared to $257,500 in La crescent.
  • The rent for a two-bedroom apartment is equal in both La crescent and Luray 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 La crescent Luray
Electricity Price $16.38 $15.31
Natural Gas Price $14.87 $19.91
Other Utilities $250 $240

Utilities Comparison: La crescent vs Luray

  • Electricity costs are higher in La crescent at $16.38 per kWh, compared to $15.31 in Luray.
  • Luray experiences higher natural gas costs at $19.91 per unit, with costs at $14.87 in La crescent.
  • Other utility costs are higher in La crescent at an average of $250, compared to Luray with $240.