Cost of Living: Laurel, MS vs Portland, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Portland |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $142,000 | $290,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Laurel vs Portland
- The median home price in Portland is higher at $290,000, compared to $142,000 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Portland 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 | Portland |
|---|---|---|
| Electricity Price | $13.42 | $14.47 |
| Natural Gas Price | $22.19 | $26.29 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Laurel vs Portland
- Portland has higher electricity costs at $14.47 per kWh, versus $13.42 in Laurel.
- Portland experiences higher natural gas costs at $26.29 per unit, with costs at $22.19 in Laurel.
- Utility expenses are equal in both Laurel and Portland averaging $200.