Cost of Living: Monroe, MI vs Omaha, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Omaha |
|---|---|---|
| Housing Index | 90.4 | 92.0 |
| Median Home Price | $163,000 | $305,000 |
| Average Rent (2 BR Apartment) | $900 | $1100 |
| Average Rent (2 BR House) | $1000 | $1200 |
Housing Comparison: Monroe vs Omaha
- The median home price in Omaha is higher at $305,000, compared to $163,000 in Monroe.
- Renting a two-bedroom apartment costs more in Monroe at $900 than in Omaha at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Omaha |
|---|---|---|
| Electricity Price | $19.88 | $12.92 |
| Natural Gas Price | $15.42 | $13.89 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monroe vs Omaha
- Electricity costs are higher in Monroe at $19.88 per kWh, compared to $12.92 in Omaha.
- Natural gas is more expensive in Monroe at $15.42 per unit, while it is cheaper at $13.89 in Omaha.
- Other utility costs are higher in Monroe at an average of $250, compared to Omaha with $200.