Cost of Living: Palm bay, FL vs Lawrence, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Lawrence |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $346,000 | $865,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1645 | $Data is updating |
Housing Comparison: Palm bay vs Lawrence
- The median home price in Lawrence is higher at $865,000, compared to $346,000 in Palm bay.
- The rent for a two-bedroom apartment is equal in both Palm bay and Lawrence at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Lawrence |
|---|---|---|
| Electricity Price | $13.89 | $26.08 |
| Natural Gas Price | $26.13 | $18.13 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Palm bay vs Lawrence
- Lawrence has higher electricity costs at $26.08 per kWh, versus $13.89 in Palm bay.
- Natural gas is more expensive in Palm bay at $26.13 per unit, while it is cheaper at $18.13 in Lawrence.
- Utility expenses are equal in both Palm bay and Lawrence averaging $200.