Cost of Living: Pontiac, IL vs Laurel, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Pontiac Laurel
Housing Index Data is updating 85.0
Median Home Price $162,500 $142,000
Average Rent (2 BR Apartment) $Data is updating $1200
Average Rent (2 BR House) $Data is updating $1360

Housing Comparison: Pontiac vs Laurel

  • In Pontiac, the median home price is higher at $162,500, while in Laurel it is $142,000.
  • The rent for a two-bedroom apartment is equal in both Pontiac 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 Pontiac Laurel
Electricity Price $16.15 $13.42
Natural Gas Price $16.59 $22.19
Other Utilities $Data is updating $200

Utilities Comparison: Pontiac vs Laurel

  • Electricity costs are higher in Pontiac at $16.15 per kWh, compared to $13.42 in Laurel.
  • Laurel experiences higher natural gas costs at $22.19 per unit, with costs at $16.59 in Pontiac.
  • Utility expenses are equal in both Pontiac and Laurel averaging $0.0.