Cost of Living: Biloxi, MS vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Biloxi | Monahans |
|---|---|---|
| Housing Index | 90.0 | 92.0 |
| Median Home Price | $218,000 | $195,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1344 |
Housing Comparison: Biloxi vs Monahans
- In Biloxi, the median home price is higher at $218,000, while in Monahans it is $195,000.
- The rent for a two-bedroom apartment is equal in both Biloxi and 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 | Biloxi | Monahans |
|---|---|---|
| Electricity Price | $13.42 | $14.47 |
| Natural Gas Price | $22.19 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Biloxi vs Monahans
- Monahans has higher electricity costs at $14.47 per kWh, versus $13.42 in Biloxi.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $22.19 in Biloxi.
- Utility expenses are equal in both Biloxi and Monahans averaging $250.