Cost of Living: Lafayette, LA vs Springboro, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Springboro |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $215,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1200 | $1450 |
| Average Rent (2 BR House) | $1360 | $1500 |
Housing Comparison: Lafayette vs Springboro
- The median home price in Springboro is higher at $252,000, compared to $215,000 in Lafayette.
- In Springboro, the rental for a two-bedroom apartment stands at $1,450, while it is $1,200 in Lafayette.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Springboro |
|---|---|---|
| Electricity Price | $11.42 | $15.92 |
| Natural Gas Price | $19.48 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lafayette vs Springboro
- Springboro has higher electricity costs at $15.92 per kWh, versus $11.42 in Lafayette.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and Springboro averaging $200.