Cost of Living: Laurel, MD vs Rowlett, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Rowlett |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $414,000 | $388,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2240 | $1645 |
Housing Comparison: Laurel vs Rowlett
- In Laurel, the median home price is higher at $414,000, while in Rowlett it is $388,000.
- Renting a two-bedroom apartment costs more in Laurel at $2,200 than in Rowlett at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Rowlett |
|---|---|---|
| Electricity Price | $17.41 | $14.47 |
| Natural Gas Price | $18.44 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Laurel vs Rowlett
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $14.47 in Rowlett.
- Rowlett 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 Rowlett averaging $250.