Cost of Living: Lafayette, IN vs Carroll, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Carroll |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $218,000 | $144,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $950 | $1500 |
Housing Comparison: Lafayette vs Carroll
- In Lafayette, the median home price is higher at $218,000, while in Carroll it is $144,000.
- Renting a two-bedroom apartment costs more in Lafayette at $900 than in Carroll 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 | Lafayette | Carroll |
|---|---|---|
| Electricity Price | $14.89 | $14.82 |
| Natural Gas Price | $Data is updating | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lafayette vs Carroll
- Electricity costs are higher in Lafayette at $14.89 per kWh, compared to $14.82 in Carroll.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and Carroll averaging $250.