Cost of Living: Laurel, MT vs Riverside, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Riverside |
|---|---|---|
| Housing Index | 85.0 | 125.5 |
| Median Home Price | $299,000 | $480,000 |
| Average Rent (2 BR Apartment) | $960 | $2300 |
| Average Rent (2 BR House) | $1024 | $2400 |
Housing Comparison: Laurel vs Riverside
- The median home price in Riverside is higher at $480,000, compared to $299,000 in Laurel.
- Renting a two-bedroom apartment costs more in Laurel at $960 than in Riverside at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Riverside |
|---|---|---|
| Electricity Price | $13.58 | $32.99 |
| Natural Gas Price | $8.31 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Laurel vs Riverside
- Riverside has higher electricity costs at $32.99 per kWh, versus $13.58 in Laurel.
- Natural gas is more expensive in Laurel at $8.31 per unit, while it is cheaper at $16.99 in Riverside.
- Riverside has higher utility expenses, averaging $250, while Laurel averages $200.