Cost of Living: Laurel, MT vs Pasadena, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Pasadena |
|---|---|---|
| Housing Index | 85.0 | 125.0 |
| Median Home Price | $299,000 | $329,000 |
| Average Rent (2 BR Apartment) | $960 | $1800 |
| Average Rent (2 BR House) | $1024 | $2000 |
Housing Comparison: Laurel vs Pasadena
- The median home price in Pasadena is higher at $329,000, compared to $299,000 in Laurel.
- Renting a two-bedroom apartment costs more in Laurel at $960 than in Pasadena at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Pasadena |
|---|---|---|
| Electricity Price | $13.58 | $17.41 |
| Natural Gas Price | $8.31 | $18.44 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Laurel vs Pasadena
- Pasadena has higher electricity costs at $17.41 per kWh, versus $13.58 in Laurel.
- Natural gas is more expensive in Laurel at $8.31 per unit, while it is cheaper at $18.44 in Pasadena.
- Pasadena has higher utility expenses, averaging $250, while Laurel averages $200.