Cost of Living: Lawrence, NY vs Madrid, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lawrence | Madrid |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $865,000 | $128,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Lawrence vs Madrid
- In Lawrence, the median home price is higher at $865,000, while in Madrid it is $128,000.
- The rent for a two-bedroom apartment is equal in both Lawrence and Madrid at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lawrence | Madrid |
|---|---|---|
| Electricity Price | $26.08 | $12.92 |
| Natural Gas Price | $18.13 | $13.89 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Lawrence vs Madrid
- Electricity costs are higher in Lawrence at $26.08 per kWh, compared to $12.92 in Madrid.
- Natural gas is more expensive in Lawrence at $18.13 per unit, while it is cheaper at $13.89 in Madrid.
- Utility expenses are equal in both Lawrence and Madrid averaging $0.0.