Cost of Living: Goleta, CA vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Goleta | Monahans |
|---|---|---|
| Housing Index | 150.0 | 92.0 |
| Median Home Price | $1,050,000 | $195,000 |
| Average Rent (2 BR Apartment) | $3300 | $1200 |
| Average Rent (2 BR House) | $3400 | $1344 |
Housing Comparison: Goleta vs Monahans
- In Goleta, the median home price is higher at $1,050,000, while in Monahans it is $195,000.
- Renting a two-bedroom apartment costs more in Goleta at $3,300 than in Monahans 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 | Goleta | Monahans |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Goleta vs Monahans
- Electricity costs are higher in Goleta at $32.99 per kWh, compared to $14.47 in Monahans.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Goleta.
- Utility expenses are equal in both Goleta and Monahans averaging $250.