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.