Cost of Living: Temecula, CA vs Laurel, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Temecula | Laurel |
|---|---|---|
| Housing Index | 130.2 | 120.0 |
| Median Home Price | $674,000 | $414,000 |
| Average Rent (2 BR Apartment) | $2200 | $2200 |
| Average Rent (2 BR House) | $2285.6 | $2240 |
Housing Comparison: Temecula vs Laurel
- In Temecula, the median home price is higher at $674,000, while in Laurel it is $414,000.
- The rent for a two-bedroom apartment is equal in both Temecula and 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 | Temecula | Laurel |
|---|---|---|
| Electricity Price | $32.99 | $17.41 |
| Natural Gas Price | $16.99 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Temecula vs Laurel
- Electricity costs are higher in Temecula 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 Temecula.
- Utility expenses are equal in both Temecula and Laurel averaging $250.