Cost of Living: Laurel, MD vs Auburn, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Auburn |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $414,000 | $299,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1240 |
Housing Comparison: Laurel vs Auburn
- In Laurel, the median home price is higher at $414,000, while in Auburn it is $299,000.
- Renting a two-bedroom apartment costs more in Laurel at $2,200 than in Auburn 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 | Laurel | Auburn |
|---|---|---|
| Electricity Price | $17.41 | $15.03 |
| Natural Gas Price | $18.44 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Laurel vs Auburn
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $15.03 in Auburn.
- Auburn experiences higher natural gas costs at $21.76 per unit, with costs at $18.44 in Laurel.
- Other utility costs are higher in Laurel at an average of $250, compared to Auburn with $200.