Cost of Living: Laurel, MD vs Tulsa, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Tulsa |
|---|---|---|
| Housing Index | 120.0 | 92.0 |
| Median Home Price | $414,000 | $209,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1280 |
Housing Comparison: Laurel vs Tulsa
- In Laurel, the median home price is higher at $414,000, while in Tulsa it is $209,000.
- Renting a two-bedroom apartment costs more in Laurel at $2,200 than in Tulsa 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 | Tulsa |
|---|---|---|
| Electricity Price | $17.41 | $12.37 |
| Natural Gas Price | $18.44 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Laurel vs Tulsa
- Electricity costs are higher in Laurel at $17.41 per kWh, compared to $12.37 in Tulsa.
- Tulsa experiences higher natural gas costs at $20.27 per unit, with costs at $18.44 in Laurel.
- Utility expenses are equal in both Laurel and Tulsa averaging $250.