Cost of Living: Laurel, MS vs Fairview heights, IL

Housing

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

Metric Laurel Fairview heights
Housing Index 85.0 88.0
Median Home Price $142,000 $210,000
Average Rent (2 BR Apartment) $1200 $1050
Average Rent (2 BR House) $1360 $1100

Housing Comparison: Laurel vs Fairview heights

  • The median home price in Fairview heights is higher at $210,000, compared to $142,000 in Laurel.
  • Renting a two-bedroom apartment costs more in Laurel at $1,200 than in Fairview heights at $1,050.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Laurel Fairview heights
Electricity Price $13.42 $16.15
Natural Gas Price $22.19 $16.59
Other Utilities $200 $250

Utilities Comparison: Laurel vs Fairview heights

  • Fairview heights has higher electricity costs at $16.15 per kWh, versus $13.42 in Laurel.
  • Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $16.59 in Fairview heights.
  • Fairview heights has higher utility expenses, averaging $250, while Laurel averages $200.