Cost of Living: Laurel, MS vs El dorado hills, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Laurel El dorado hills
Housing Index 85.0 140.0
Median Home Price $142,000 $719,000
Average Rent (2 BR Apartment) $1200 $2900
Average Rent (2 BR House) $1360 $2750

Housing Comparison: Laurel vs El dorado hills

  • The median home price in El dorado hills is higher at $719,000, compared to $142,000 in Laurel.
  • In El dorado hills, the rental for a two-bedroom apartment stands at $2,900, while it is $1,200 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 El dorado hills
Electricity Price $13.42 $32.99
Natural Gas Price $22.19 $16.99
Other Utilities $200 $250

Utilities Comparison: Laurel vs El dorado hills

  • El dorado hills has higher electricity costs at $32.99 per kWh, versus $13.42 in Laurel.
  • Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $16.99 in El dorado hills.
  • El dorado hills has higher utility expenses, averaging $250, while Laurel averages $200.