Cost of Living: Durango, CO vs Lafayette, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Durango | Lafayette |
|---|---|---|
| Housing Index | 121.1 | 96.3 |
| Median Home Price | $526,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1887 | $1101 |
| Average Rent (2 BR House) | $2052 | $1197 |
Housing Comparison: Durango vs Lafayette
- In Durango, the median home price is higher at $526,000, while in Lafayette it is $215,000.
- Renting a two-bedroom apartment costs more in Durango at $1,887 than in Lafayette at $1,101.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Durango | Lafayette |
|---|---|---|
| Electricity Price | $15.21 | $11.42 |
| Natural Gas Price | $11.3 | $19.48 |
| Other Utilities | $246 | $231 |
Utilities Comparison: Durango vs Lafayette
- Electricity costs are higher in Durango at $15.21 per kWh, compared to $11.42 in Lafayette.
- Lafayette experiences higher natural gas costs at $19.48 per unit, with costs at $11.3 in Durango.
- Other utility costs are higher in Durango at an average of $246, compared to Lafayette with $231.