Cost of Living: Laurel, MS vs Colquitt, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Laurel | Colquitt |
|---|---|---|
| Housing Index | 85.0 | 94.5 |
| Median Home Price | $142,000 | $176,800 |
| Average Rent (2 BR Apartment) | $1380 | $1687 |
| Average Rent (2 BR House) | $1500 | $1834 |
Housing Comparison: Laurel vs Colquitt
- The median home price in Colquitt is higher at $176,800, compared to $142,000 in Laurel.
- In Colquitt, the rental for a two-bedroom apartment stands at $1,687, while it is $1,380 in Laurel.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Laurel | Colquitt |
|---|---|---|
| Electricity Price | $13.42 | $15.53 |
| Natural Gas Price | $22.19 | $27.53 |
| Other Utilities | $250 | $226 |
Utilities Comparison: Laurel vs Colquitt
- Colquitt has higher electricity costs at $15.53 per kWh, versus $13.42 in Laurel.
- Colquitt experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Laurel.
- Other utility costs are higher in Laurel at an average of $250, compared to Colquitt with $226.