Cost of Living: Canton, MS vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Canton | Monterey |
|---|---|---|
| Housing Index | 75.0 | 160.3 |
| Median Home Price | $204,000 | $1,135,000 |
| Average Rent (2 BR Apartment) | $800 | $3000 |
| Average Rent (2 BR House) | $800 | $3060 |
Housing Comparison: Canton vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $204,000 in Canton.
- Renting a two-bedroom apartment costs more in Canton at $800 than in Monterey at $3,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Canton | Monterey |
|---|---|---|
| Electricity Price | $13.42 | $32.99 |
| Natural Gas Price | $22.19 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Canton vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $13.42 in Canton.
- Natural gas is more expensive in Canton at $22.19 per unit, while it is cheaper at $16.99 in Monterey.
- Monterey has higher utility expenses, averaging $250, while Canton averages $200.