Cost of Living: Montgomery, IL vs Gatesville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery | Gatesville |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $260,000 | $230,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1245 | $1352 |
Housing Comparison: Montgomery vs Gatesville
- In Montgomery, the median home price is higher at $260,000, while in Gatesville it is $230,000.
- The rent for a two-bedroom apartment is equal in both Montgomery and Gatesville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montgomery | Gatesville |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Montgomery vs Gatesville
- Electricity costs are higher in Montgomery at $16.15 per kWh, compared to $14.47 in Gatesville.
- Gatesville experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Montgomery.
- Gatesville has higher utility expenses, averaging $250, while Montgomery averages $200.