Cost of Living: Laurel, MT vs Poteau, OK

Housing

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

Metric Laurel Poteau
Housing Index 85.0 85.5
Median Home Price $299,000 $150,000
Average Rent (2 BR Apartment) $960 $1200
Average Rent (2 BR House) $1024 $1200

Housing Comparison: Laurel vs Poteau

  • In Laurel, the median home price is higher at $299,000, while in Poteau it is $150,000.
  • Renting a two-bedroom apartment costs more in Laurel at $960 than in Poteau 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 Poteau
Electricity Price $13.58 $12.37
Natural Gas Price $8.31 $20.27
Other Utilities $200 $250

Utilities Comparison: Laurel vs Poteau

  • Electricity costs are higher in Laurel at $13.58 per kWh, compared to $12.37 in Poteau.
  • Natural gas is more expensive in Laurel at $8.31 per unit, while it is cheaper at $20.27 in Poteau.
  • Poteau has higher utility expenses, averaging $250, while Laurel averages $200.