Cost of Living: Lafayette, IN vs New bedford, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | New bedford |
|---|---|---|
| Housing Index | 90.0 | 105.0 |
| Median Home Price | $218,000 | $405,000 |
| Average Rent (2 BR Apartment) | $900 | $1800 |
| Average Rent (2 BR House) | $950 | $1856 |
Housing Comparison: Lafayette vs New bedford
- The median home price in New bedford is higher at $405,000, compared to $218,000 in Lafayette.
- Renting a two-bedroom apartment costs more in Lafayette at $900 than in New bedford at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | New bedford |
|---|---|---|
| Electricity Price | $14.89 | $28.15 |
| Natural Gas Price | $Data is updating | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lafayette vs New bedford
- New bedford has higher electricity costs at $28.15 per kWh, versus $14.89 in Lafayette.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and New bedford averaging $250.