Cost of Living: Sarasota, FL vs Laurel, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sarasota | Laurel |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $392,500 | $142,000 |
| Average Rent (2 BR Apartment) | $2000 | $1200 |
| Average Rent (2 BR House) | $2040 | $1360 |
Housing Comparison: Sarasota vs Laurel
- In Sarasota, the median home price is higher at $392,500, while in Laurel it is $142,000.
- Renting a two-bedroom apartment costs more in Sarasota at $2,000 than in Laurel 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 | Sarasota | Laurel |
|---|---|---|
| Electricity Price | $13.89 | $13.42 |
| Natural Gas Price | $26.13 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Sarasota vs Laurel
- Electricity costs are higher in Sarasota at $13.89 per kWh, compared to $13.42 in Laurel.
- Natural gas is more expensive in Sarasota at $26.13 per unit, while it is cheaper at $22.19 in Laurel.
- Other utility costs are higher in Sarasota at an average of $250, compared to Laurel with $200.