Cost of Living: Laredo, TX vs Vicksburg, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laredo | Vicksburg |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $260,000 | $150,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $960 | $1360 |
Housing Comparison: Laredo vs Vicksburg
- In Laredo, the median home price is higher at $260,000, while in Vicksburg it is $150,000.
- Renting a two-bedroom apartment costs more in Laredo at $950 than in Vicksburg 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 | Laredo | Vicksburg |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Laredo vs Vicksburg
- Electricity costs are higher in Laredo at $14.47 per kWh, compared to $13.42 in Vicksburg.
- Natural gas is more expensive in Laredo at $26.29 per unit, while it is cheaper at $22.19 in Vicksburg.
- Vicksburg has higher utility expenses, averaging $200, while Laredo averages $150.