Cost of Living: Lafayette, LA vs Bamberg, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Bamberg |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $215,000 | $137,200 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Lafayette vs Bamberg
- In Lafayette, the median home price is higher at $215,000, while in Bamberg it is $137,200.
- The rent for a two-bedroom apartment is equal in both Lafayette and Bamberg 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 | Bamberg |
|---|---|---|
| Electricity Price | $11.42 | $14.18 |
| Natural Gas Price | $19.48 | $23.51 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lafayette vs Bamberg
- Bamberg has higher electricity costs at $14.18 per kWh, versus $11.42 in Lafayette.
- Bamberg experiences higher natural gas costs at $23.51 per unit, with costs at $19.48 in Lafayette.
- Bamberg has higher utility expenses, averaging $250, while Lafayette averages $200.