Cost of Living: Peoria, AZ vs Lafayette, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | Lafayette |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $397,500 | $215,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1360 |
Housing Comparison: Peoria vs Lafayette
- In Peoria, the median home price is higher at $397,500, while in Lafayette it is $215,000.
- Renting a two-bedroom apartment costs more in Peoria at $1,800 than in Lafayette 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 | Peoria | Lafayette |
|---|---|---|
| Electricity Price | $15.14 | $11.42 |
| Natural Gas Price | $23.51 | $19.48 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Peoria vs Lafayette
- Electricity costs are higher in Peoria at $15.14 per kWh, compared to $11.42 in Lafayette.
- Natural gas is more expensive in Peoria at $23.51 per unit, while it is cheaper at $19.48 in Lafayette.
- Other utility costs are higher in Peoria at an average of $250, compared to Lafayette with $200.