Cost of Living: Coral springs, FL vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral springs | Monahans |
|---|---|---|
| Housing Index | 120.0 | 92.0 |
| Median Home Price | $419,000 | $195,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1344 |
Housing Comparison: Coral springs vs Monahans
- In Coral springs, the median home price is higher at $419,000, while in Monahans it is $195,000.
- Renting a two-bedroom apartment costs more in Coral springs at $2,200 than in 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 | Coral springs | Monahans |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Coral springs vs Monahans
- Monahans has higher electricity costs at $14.47 per kWh, versus $13.89 in Coral springs.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Coral springs.
- Other utility costs are higher in Coral springs at an average of $275, compared to Monahans with $250.