Cost of Living: Laurel, MD vs Libertyville, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Libertyville |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $414,000 | $491,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2240 | $Data is updating |
Housing Comparison: Laurel vs Libertyville
- The median home price in Libertyville is higher at $491,000, compared to $414,000 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Libertyville 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 | Libertyville |
|---|---|---|
| Electricity Price | $17.41 | $16.15 |
| Natural Gas Price | $18.44 | $16.59 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Laurel vs Libertyville
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $16.15 in Libertyville.
- Natural gas is more expensive in Laurel at $18.44 per unit, while it is cheaper at $16.59 in Libertyville.
- Utility expenses are equal in both Laurel and Libertyville averaging $250.