Cost of Living: Coral springs, FL vs Monroe, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral springs | Monroe |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $419,000 | $212,500 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1275 |
Housing Comparison: Coral springs vs Monroe
- In Coral springs, the median home price is higher at $419,000, while in Monroe it is $212,500.
- Renting a two-bedroom apartment costs more in Coral springs at $2,200 than in Monroe 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 | Monroe |
|---|---|---|
| Electricity Price | $13.89 | $11.42 |
| Natural Gas Price | $26.13 | $19.48 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Coral springs vs Monroe
- Electricity costs are higher in Coral springs at $13.89 per kWh, compared to $11.42 in Monroe.
- Natural gas is more expensive in Coral springs at $26.13 per unit, while it is cheaper at $19.48 in Monroe.
- Other utility costs are higher in Coral springs at an average of $275, compared to Monroe with $250.