Cost of Living: South bend, IN vs Laurel, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South bend | Laurel |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $181,000 | $142,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1000 | $1360 |
Housing Comparison: South bend vs Laurel
- In South bend, the median home price is higher at $181,000, while in Laurel it is $142,000.
- Renting a two-bedroom apartment costs more in South bend at $950 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 | South bend | Laurel |
|---|---|---|
| Electricity Price | $14.89 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $200 | $200 |
Utilities Comparison: South bend vs Laurel
- Electricity costs are higher in South bend at $14.89 per kWh, compared to $13.42 in Laurel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both South bend and Laurel averaging $200.