Cost of Living: Laurel, MS vs Grand rapids, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Grand rapids |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $142,000 | $230,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1360 | $1350 |
Housing Comparison: Laurel vs Grand rapids
- The median home price in Grand rapids is higher at $230,000, compared to $142,000 in Laurel.
- In Grand rapids, the rental for a two-bedroom apartment stands at $1,300, 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 | Grand rapids |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Laurel vs Grand rapids
- Grand rapids has higher electricity costs at $19.88 per kWh, versus $13.42 in Laurel.
- Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $15.42 in Grand rapids.
- Grand rapids has higher utility expenses, averaging $250, while Laurel averages $200.