Cost of Living: Fair oaks, CA vs Monticello, AR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Fair oaks Monticello
Housing Index 120.0 75.0
Median Home Price $590,000 $155,000
Average Rent (2 BR Apartment) $2300 $800
Average Rent (2 BR House) $2400 $801.6

Housing Comparison: Fair oaks vs Monticello

  • In Fair oaks, the median home price is higher at $590,000, while in Monticello it is $155,000.
  • In Monticello, the rental for a two-bedroom apartment stands at $800, while it is $2,300 in Fair oaks.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Fair oaks Monticello
Electricity Price $32.99 $12.36
Natural Gas Price $16.99 $17.08
Other Utilities $200 $150

Utilities Comparison: Fair oaks vs Monticello

  • Electricity costs are higher in Fair oaks at $32.99 per kWh, compared to $12.36 in Monticello.
  • Monticello experiences higher natural gas costs at $17.08 per unit, with costs at $16.99 in Fair oaks.
  • Other utility costs are higher in Fair oaks at an average of $200, compared to Monticello with $150.