Cost of Living: Gallup, NM vs Monterey park, CA

Housing

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

Metric Gallup Monterey park
Housing Index 85.0 140.0
Median Home Price $230,000 $837,000
Average Rent (2 BR Apartment) $1200 $2800
Average Rent (2 BR House) $1360 $2880

Housing Comparison: Gallup vs Monterey park

  • The median home price in Monterey park is higher at $837,000, compared to $230,000 in Gallup.
  • In Monterey park, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Gallup.

Utilities

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

Metric Gallup Monterey park
Electricity Price $14.44 $32.99
Natural Gas Price $Data is updating $16.99
Other Utilities $200 $250

Utilities Comparison: Gallup vs Monterey park

  • Monterey park has higher electricity costs at $32.99 per kWh, versus $14.44 in Gallup.
  • Natural gas price data is currently unavailable.
  • Monterey park has higher utility expenses, averaging $250, while Gallup averages $200.