Cost of Living: Elmhurst, IL vs Monroe, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elmhurst | Monroe |
|---|---|---|
| Housing Index | 125.0 | 90.4 |
| Median Home Price | $405,000 | $163,000 |
| Average Rent (2 BR Apartment) | $2100 | $900 |
| Average Rent (2 BR House) | $2150 | $1000 |
Housing Comparison: Elmhurst vs Monroe
- In Elmhurst, the median home price is higher at $405,000, while in Monroe it is $163,000.
- In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $2,100 in Elmhurst.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elmhurst | Monroe |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Elmhurst vs Monroe
- Monroe has higher electricity costs at $19.88 per kWh, versus $16.15 in Elmhurst.
- Natural gas is more expensive in Elmhurst at $16.59 per unit, while it is cheaper at $15.42 in Monroe.
- Other utility costs are higher in Elmhurst at an average of $280, compared to Monroe with $250.