Cost of Living: Elderon, WI vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elderon | Monahans |
|---|---|---|
| Housing Index | 90.0 | 92.0 |
| Median Home Price | $157,000 | $195,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1344 |
Housing Comparison: Elderon vs Monahans
- The median home price in Monahans is higher at $195,000, compared to $157,000 in Elderon.
- The rent for a two-bedroom apartment is equal in both Elderon and 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 | Elderon | Monahans |
|---|---|---|
| Electricity Price | $17.6 | $14.47 |
| Natural Gas Price | $11.5 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Elderon vs Monahans
- Electricity costs are higher in Elderon at $17.6 per kWh, compared to $14.47 in Monahans.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $11.5 in Elderon.
- Monahans has higher utility expenses, averaging $250, while Elderon averages $200.