Cost of Living: Pomona, CA vs Laurel, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pomona | Laurel |
|---|---|---|
| Housing Index | 130.0 | 120.0 |
| Median Home Price | $621,000 | $414,000 |
| Average Rent (2 BR Apartment) | $2500 | $2200 |
| Average Rent (2 BR House) | $2557 | $2240 |
Housing Comparison: Pomona vs Laurel
- In Pomona, the median home price is higher at $621,000, while in Laurel it is $414,000.
- Renting a two-bedroom apartment costs more in Pomona at $2,500 than in Laurel at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pomona | Laurel |
|---|---|---|
| Electricity Price | $32.99 | $17.41 |
| Natural Gas Price | $16.99 | $18.44 |
| Other Utilities | $300 | $250 |
Utilities Comparison: Pomona vs Laurel
- Electricity costs are higher in Pomona at $32.99 per kWh, compared to $17.41 in Laurel.
- Laurel experiences higher natural gas costs at $18.44 per unit, with costs at $16.99 in Pomona.
- Other utility costs are higher in Pomona at an average of $300, compared to Laurel with $250.