Cost of Living: Ann arbor, MI vs Monroe city, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ann arbor | Monroe city |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $303,000 | $107,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1900 | $720 |
Housing Comparison: Ann arbor vs Monroe city
- In Ann arbor, the median home price is higher at $303,000, while in Monroe city it is $107,000.
- In Monroe city, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Ann arbor.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ann arbor | Monroe city |
|---|---|---|
| Electricity Price | $19.88 | $14.64 |
| Natural Gas Price | $15.42 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Ann arbor vs Monroe city
- Electricity costs are higher in Ann arbor at $19.88 per kWh, compared to $14.64 in Monroe city.
- Monroe city experiences higher natural gas costs at $23.25 per unit, with costs at $15.42 in Ann arbor.
- Other utility costs are higher in Ann arbor at an average of $250, compared to Monroe city with $200.