Cost of Living: Fulton, MO vs Laurel, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fulton | Laurel |
|---|---|---|
| Housing Index | 89.1 | 85.0 |
| Median Home Price | $195,000 | $142,000 |
| Average Rent (2 BR Apartment) | $1340 | $1380 |
| Average Rent (2 BR House) | $1457 | $1500 |
Housing Comparison: Fulton vs Laurel
- In Fulton, the median home price is higher at $195,000, while in Laurel it is $142,000.
- In Laurel, the rental for a two-bedroom apartment stands at $1,380, while it is $1,340 in Fulton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fulton | Laurel |
|---|---|---|
| Electricity Price | $14.64 | $13.42 |
| Natural Gas Price | $23.25 | $22.19 |
| Other Utilities | $234 | $250 |
Utilities Comparison: Fulton vs Laurel
- Electricity costs are higher in Fulton at $14.64 per kWh, compared to $13.42 in Laurel.
- Natural gas is more expensive in Fulton at $23.25 per unit, while it is cheaper at $22.19 in Laurel.
- Laurel has higher utility expenses, averaging $250, while Fulton averages $234.