Cost of Living: Cincinnati, OH vs Montgomery, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cincinnati | Montgomery |
|---|---|---|
| Housing Index | 90.5 | 120.0 |
| Median Home Price | $226,500 | $346,000 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1450 | $1880 |
Housing Comparison: Cincinnati vs Montgomery
- The median home price in Montgomery is higher at $346,000, compared to $226,500 in Cincinnati.
- In Montgomery, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in Cincinnati.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cincinnati | Montgomery |
|---|---|---|
| Electricity Price | $15.92 | $26.08 |
| Natural Gas Price | $Data is updating | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cincinnati vs Montgomery
- Montgomery has higher electricity costs at $26.08 per kWh, versus $15.92 in Cincinnati.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Cincinnati and Montgomery averaging $250.