Cost of Living: Lafayette, IN vs Louin, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Louin |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $218,000 | $114,000 |
| Average Rent (2 BR Apartment) | $900 | $Data is updating |
| Average Rent (2 BR House) | $950 | $Data is updating |
Housing Comparison: Lafayette vs Louin
- In Lafayette, the median home price is higher at $218,000, while in Louin it is $114,000.
- The rent for a two-bedroom apartment is equal in both Lafayette and Louin at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Louin |
|---|---|---|
| Electricity Price | $14.89 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lafayette vs Louin
- Electricity costs are higher in Lafayette at $14.89 per kWh, compared to $13.42 in Louin.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and Louin averaging $250.