Cost of Living: Morganton, NC vs Cerritos, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Morganton | Cerritos |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $220,000 | $780,000 |
| Average Rent (2 BR Apartment) | $1300 | $2400 |
| Average Rent (2 BR House) | $1400 | $2430 |
Housing Comparison: Morganton vs Cerritos
- The median home price in Cerritos is higher at $780,000, compared to $220,000 in Morganton.
- In Cerritos, the rental for a two-bedroom apartment stands at $2,400, while it is $1,300 in Morganton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Morganton | Cerritos |
|---|---|---|
| Electricity Price | $13.72 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $180 | $280 |
Utilities Comparison: Morganton vs Cerritos
- Cerritos has higher electricity costs at $32.99 per kWh, versus $13.72 in Morganton.
- Natural gas price data is currently unavailable.
- Cerritos has higher utility expenses, averaging $280, while Morganton averages $180.