Cost of Living: Laurel, MD vs Arcadia, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Arcadia |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $414,000 | $228,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2240 | $Data is updating |
Housing Comparison: Laurel vs Arcadia
- In Laurel, the median home price is higher at $414,000, while in Arcadia it is $228,000.
- The rent for a two-bedroom apartment is equal in both Laurel and Arcadia at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Arcadia |
|---|---|---|
| Electricity Price | $17.41 | $14.89 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Laurel vs Arcadia
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $14.89 in Arcadia.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Laurel and Arcadia averaging $250.