Cost of Living: Laurel, MS vs Mobridge, SD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Mobridge |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $142,000 | $137,000 |
| Average Rent (2 BR Apartment) | $1200 | $960 |
| Average Rent (2 BR House) | $1360 | $1040 |
Housing Comparison: Laurel vs Mobridge
- In Laurel, the median home price is higher at $142,000, while in Mobridge it is $137,000.
- In Mobridge, the rental for a two-bedroom apartment stands at $960, 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 | Mobridge |
|---|---|---|
| Electricity Price | $13.42 | $14.15 |
| Natural Gas Price | $22.19 | $10.63 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Laurel vs Mobridge
- Mobridge has higher electricity costs at $14.15 per kWh, versus $13.42 in Laurel.
- Natural gas is more expensive in Laurel at $22.19 per unit, while it is cheaper at $10.63 in Mobridge.
- Mobridge has higher utility expenses, averaging $250, while Laurel averages $200.