Cost of Living: Las vegas, NV vs Lafayette, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Las vegas | Lafayette |
|---|---|---|
| Housing Index | 110.5 | 90.0 |
| Median Home Price | $462,500 | $218,000 |
| Average Rent (2 BR Apartment) | $1600 | $900 |
| Average Rent (2 BR House) | $1640 | $950 |
Housing Comparison: Las vegas vs Lafayette
- In Las vegas, the median home price is higher at $462,500, while in Lafayette it is $218,000.
- In Lafayette, the rental for a two-bedroom apartment stands at $900, while it is $1,600 in Las vegas.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Las vegas | Lafayette |
|---|---|---|
| Electricity Price | $15.5 | $14.89 |
| Natural Gas Price | $20.66 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Las vegas vs Lafayette
- Electricity costs are higher in Las vegas at $15.5 per kWh, compared to $14.89 in Lafayette.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Las vegas and Lafayette averaging $250.