Cost of Living: Laurel, MD vs Gainesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Gainesville |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $414,000 | $211,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2240 | $Data is updating |
Housing Comparison: Laurel vs Gainesville
- In Laurel, the median home price is higher at $414,000, while in Gainesville it is $211,000.
- The rent for a two-bedroom apartment is equal in both Laurel and Gainesville 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 | Gainesville |
|---|---|---|
| Electricity Price | $17.41 | $14.47 |
| Natural Gas Price | $18.44 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Laurel vs Gainesville
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $14.47 in Gainesville.
- Gainesville experiences higher natural gas costs at $26.29 per unit, with costs at $18.44 in Laurel.
- Utility expenses are equal in both Laurel and Gainesville averaging $250.