Cost of Living: Central city, NE vs Monrovia, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central city | Monrovia |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $220,000 | $188,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $850 | $Data is updating |
Housing Comparison: Central city vs Monrovia
- In Central city, the median home price is higher at $220,000, while in Monrovia it is $188,000.
- The rent for a two-bedroom apartment is equal in both Central city and Monrovia at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central city | Monrovia |
|---|---|---|
| Electricity Price | $12.92 | $14.89 |
| Natural Gas Price | $13.89 | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Central city vs Monrovia
- Monrovia has higher electricity costs at $14.89 per kWh, versus $12.92 in Central city.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Central city and Monrovia averaging $200.