Cost of Living: Lafayette, LA vs Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Okeechobee |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $215,000 | $206,800 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1440 |
Housing Comparison: Lafayette vs Okeechobee
- In Lafayette, the median home price is higher at $215,000, while in Okeechobee it is $206,800.
- The rent for a two-bedroom apartment is equal in both Lafayette and Okeechobee 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 | Okeechobee |
|---|---|---|
| Electricity Price | $11.42 | $13.89 |
| Natural Gas Price | $19.48 | $26.13 |
| Other Utilities | $200 | $180 |
Utilities Comparison: Lafayette vs Okeechobee
- Okeechobee has higher electricity costs at $13.89 per kWh, versus $11.42 in Lafayette.
- Okeechobee experiences higher natural gas costs at $26.13 per unit, with costs at $19.48 in Lafayette.
- Other utility costs are higher in Lafayette at an average of $200, compared to Okeechobee with $180.