Cost of Living: Monticello, AR vs Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Okeechobee |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $155,000 | $206,800 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $801.6 | $1440 |
Housing Comparison: Monticello vs Okeechobee
- The median home price in Okeechobee is higher at $206,800, compared to $155,000 in Monticello.
- Renting a two-bedroom apartment costs more in Monticello at $800 than in Okeechobee 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 | Monticello | Okeechobee |
|---|---|---|
| Electricity Price | $12.36 | $13.89 |
| Natural Gas Price | $17.08 | $26.13 |
| Other Utilities | $150 | $180 |
Utilities Comparison: Monticello vs Okeechobee
- Okeechobee has higher electricity costs at $13.89 per kWh, versus $12.36 in Monticello.
- Okeechobee experiences higher natural gas costs at $26.13 per unit, with costs at $17.08 in Monticello.
- Okeechobee has higher utility expenses, averaging $180, while Monticello averages $150.