Cost of Living: Laurel, IN vs Margate, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Margate |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $117,800 | $233,300 |
| Average Rent (2 BR Apartment) | $Data is updating | $2200 |
| Average Rent (2 BR House) | $Data is updating | $2256 |
Housing Comparison: Laurel vs Margate
- The median home price in Margate is higher at $233,300, compared to $117,800 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Margate at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Margate |
|---|---|---|
| Electricity Price | $14.89 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $Data is updating | $280 |
Utilities Comparison: Laurel vs Margate
- Electricity costs are higher in Laurel at $14.89 per kWh, compared to $13.89 in Margate.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Laurel and Margate averaging $0.0.