Cost of Living: Monticello, AR vs Rayville, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Rayville |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $155,000 | $125,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $801.6 | $Data is updating |
Housing Comparison: Monticello vs Rayville
- In Monticello, the median home price is higher at $155,000, while in Rayville it is $125,000.
- The rent for a two-bedroom apartment is equal in both Monticello and Rayville at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Rayville |
|---|---|---|
| Electricity Price | $12.36 | $11.42 |
| Natural Gas Price | $17.08 | $19.48 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Monticello vs Rayville
- Electricity costs are higher in Monticello at $12.36 per kWh, compared to $11.42 in Rayville.
- Rayville experiences higher natural gas costs at $19.48 per unit, with costs at $17.08 in Monticello.
- Utility expenses are equal in both Monticello and Rayville averaging $150.