Cost of Living: Flower mound, TX vs Montgomery, IL

Housing

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

Metric Flower mound Montgomery
Housing Index 120.0 85.0
Median Home Price $515,000 $260,000
Average Rent (2 BR Apartment) $2100 $1200
Average Rent (2 BR House) $2040 $1245

Housing Comparison: Flower mound vs Montgomery

  • In Flower mound, the median home price is higher at $515,000, while in Montgomery it is $260,000.
  • Renting a two-bedroom apartment costs more in Flower mound at $2,100 than in Montgomery 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 Flower mound Montgomery
Electricity Price $14.47 $16.15
Natural Gas Price $26.29 $16.59
Other Utilities $250 $200

Utilities Comparison: Flower mound vs Montgomery

  • Montgomery has higher electricity costs at $16.15 per kWh, versus $14.47 in Flower mound.
  • Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $16.59 in Montgomery.
  • Other utility costs are higher in Flower mound at an average of $250, compared to Montgomery with $200.