Cost of Living: Torrance, CA vs Ruston, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrance | Ruston |
|---|---|---|
| Housing Index | 135.0 | 85.0 |
| Median Home Price | $1,030,000 | $220,000 |
| Average Rent (2 BR Apartment) | $2800 | $1200 |
| Average Rent (2 BR House) | $2850 | $1300 |
Housing Comparison: Torrance vs Ruston
- In Torrance, the median home price is higher at $1,030,000, while in Ruston it is $220,000.
- Renting a two-bedroom apartment costs more in Torrance at $2,800 than in Ruston 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 | Torrance | Ruston |
|---|---|---|
| Electricity Price | $32.99 | $11.42 |
| Natural Gas Price | $16.99 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Torrance vs Ruston
- Electricity costs are higher in Torrance at $32.99 per kWh, compared to $11.42 in Ruston.
- Ruston experiences higher natural gas costs at $19.48 per unit, with costs at $16.99 in Torrance.
- Utility expenses are equal in both Torrance and Ruston averaging $250.