Cost of Living: Laurel, MD vs Oxnard, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Oxnard |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $414,000 | $665,000 |
| Average Rent (2 BR Apartment) | $2200 | $2500 |
| Average Rent (2 BR House) | $2240 | $2556 |
Housing Comparison: Laurel vs Oxnard
- The median home price in Oxnard is higher at $665,000, compared to $414,000 in Laurel.
- In Oxnard, the rental for a two-bedroom apartment stands at $2,500, while it is $2,200 in Laurel.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Oxnard |
|---|---|---|
| Electricity Price | $17.41 | $32.99 |
| Natural Gas Price | $18.44 | $16.99 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Laurel vs Oxnard
- Oxnard has higher electricity costs at $32.99 per kWh, versus $17.41 in Laurel.
- Natural gas is more expensive in Laurel at $18.44 per unit, while it is cheaper at $16.99 in Oxnard.
- Oxnard has higher utility expenses, averaging $280, while Laurel averages $250.