Cost of Living: Laurel, MS vs Tifton, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Tifton |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $142,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Laurel vs Tifton
- The median home price in Tifton is higher at $205,000, compared to $142,000 in Laurel.
- The rent for a two-bedroom apartment is equal in both Laurel and Tifton 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 | Tifton |
|---|---|---|
| Electricity Price | $13.42 | $15.53 |
| Natural Gas Price | $22.19 | $27.53 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Laurel vs Tifton
- Tifton has higher electricity costs at $15.53 per kWh, versus $13.42 in Laurel.
- Tifton experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Laurel.
- Tifton has higher utility expenses, averaging $250, while Laurel averages $200.