Cost of Living: Laurel, MS vs Franklin, VT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Franklin |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $142,000 | $218,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Laurel vs Franklin
- The median home price in Franklin is higher at $218,000, compared to $142,000 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Franklin 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 | Franklin |
|---|---|---|
| Electricity Price | $13.42 | $21.91 |
| Natural Gas Price | $22.19 | $18.28 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Laurel vs Franklin
- Franklin has higher electricity costs at $21.91 per kWh, versus $13.42 in Laurel.
- Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $18.28 in Franklin.
- Utility expenses are equal in both Laurel and Franklin averaging $200.