Cost of Living: Newton, MA vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newton | Monahans |
|---|---|---|
| Housing Index | 140.0 | 92.0 |
| Median Home Price | $1,449,000 | $195,000 |
| Average Rent (2 BR Apartment) | $3100 | $1200 |
| Average Rent (2 BR House) | $3200 | $1344 |
Housing Comparison: Newton vs Monahans
- In Newton, the median home price is higher at $1,449,000, while in Monahans it is $195,000.
- Renting a two-bedroom apartment costs more in Newton at $3,100 than in Monahans 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 | Newton | Monahans |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newton vs Monahans
- Electricity costs are higher in Newton at $28.15 per kWh, compared to $14.47 in Monahans.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Newton.
- Utility expenses are equal in both Newton and Monahans averaging $250.