Cost of Living: Worcester, MA vs Laurel, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Worcester | Laurel |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $350,000 | $299,000 |
| Average Rent (2 BR Apartment) | $2100 | $960 |
| Average Rent (2 BR House) | $2144 | $1024 |
Housing Comparison: Worcester vs Laurel
- In Worcester, the median home price is higher at $350,000, while in Laurel it is $299,000.
- In Laurel, the rental for a two-bedroom apartment stands at $960, while it is $2,100 in Worcester.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Worcester | Laurel |
|---|---|---|
| Electricity Price | $28.15 | $13.58 |
| Natural Gas Price | $21.62 | $8.31 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Worcester vs Laurel
- Electricity costs are higher in Worcester at $28.15 per kWh, compared to $13.58 in Laurel.
- Laurel experiences higher natural gas costs at $8.31 per unit, with costs at $21.62 in Worcester.
- Other utility costs are higher in Worcester at an average of $280, compared to Laurel with $200.