Cost of Living: Melbourne beach, FL vs Laurel, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Melbourne beach | Laurel |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $317,000 | $142,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1360 |
Housing Comparison: Melbourne beach vs Laurel
- In Melbourne beach, the median home price is higher at $317,000, while in Laurel it is $142,000.
- The rent for a two-bedroom apartment is equal in both Melbourne beach and Laurel 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 | Melbourne beach | Laurel |
|---|---|---|
| Electricity Price | $13.89 | $13.42 |
| Natural Gas Price | $26.13 | $22.19 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Melbourne beach vs Laurel
- Electricity costs are higher in Melbourne beach at $13.89 per kWh, compared to $13.42 in Laurel.
- Natural gas is more expensive in Melbourne beach at $26.13 per unit, while it is cheaper at $22.19 in Laurel.
- Utility expenses are equal in both Melbourne beach and Laurel averaging $0.0.