Cost of Living: Elgin, SC vs Monroeville, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Monroeville |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $340,000 | $146,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $960 | $840 |
Housing Comparison: Elgin vs Monroeville
- In Elgin, the median home price is higher at $340,000, while in Monroeville it is $146,000.
- In Monroeville, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Elgin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elgin | Monroeville |
|---|---|---|
| Electricity Price | $14.18 | $15.03 |
| Natural Gas Price | $23.51 | $21.76 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Elgin vs Monroeville
- Monroeville has higher electricity costs at $15.03 per kWh, versus $14.18 in Elgin.
- Natural gas is more expensive in Elgin at $23.51 per unit, while it is cheaper at $21.76 in Monroeville.
- Utility expenses are equal in both Elgin and Monroeville averaging $200.