Cost of Living: Laurel, MS vs Madison heights, VA

Housing

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

Metric Laurel Madison heights
Housing Index 85.0 Data is updating
Median Home Price $142,000 $199,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Laurel vs Madison heights

  • The median home price in Madison heights is higher at $199,000, compared to $142,000 in Laurel.
  • The rent for a two-bedroom apartment is equal in both Laurel and Madison heights 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 Madison heights
Electricity Price $13.42 $15.31
Natural Gas Price $22.19 $19.91
Other Utilities $200 $Data is updating

Utilities Comparison: Laurel vs Madison heights

  • Madison heights has higher electricity costs at $15.31 per kWh, versus $13.42 in Laurel.
  • Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $19.91 in Madison heights.
  • Utility expenses are equal in both Laurel and Madison heights averaging $200.