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.