Cost of Living: Monahans, TX vs Vero beach, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monahans Vero beach
Housing Index 92.0 115.0
Median Home Price $195,000 $280,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1344 $1840

Housing Comparison: Monahans vs Vero beach

  • The median home price in Vero beach is higher at $280,000, compared to $195,000 in Monahans.
  • In Vero beach, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Monahans.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Monahans Vero beach
Electricity Price $14.47 $13.89
Natural Gas Price $26.29 $26.13
Other Utilities $250 $250

Utilities Comparison: Monahans vs Vero beach

  • Electricity costs are higher in Monahans at $14.47 per kWh, compared to $13.89 in Vero beach.
  • Natural gas is more expensive in Monahans at $26.29 per unit, while it is cheaper at $26.13 in Vero beach.
  • Utility expenses are equal in both Monahans and Vero beach averaging $250.