Cost of Living: Laurel, MS vs Bagdad, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Bagdad |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $142,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Laurel vs Bagdad
- The median home price in Bagdad is higher at $250,000, compared to $142,000 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Bagdad 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 | Bagdad |
|---|---|---|
| Electricity Price | $13.42 | $12.87 |
| Natural Gas Price | $22.19 | $22.78 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Laurel vs Bagdad
- Electricity costs are higher in Laurel at $13.42 per kWh, compared to $12.87 in Bagdad.
- Bagdad experiences higher natural gas costs at $22.78 per unit, with costs at $22.19 in Laurel.
- Utility expenses are equal in both Laurel and Bagdad averaging $200.