Cost of Living: Goleta, CA vs Monroe, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Goleta | Monroe |
|---|---|---|
| Housing Index | 150.0 | 85.0 |
| Median Home Price | $1,050,000 | $212,500 |
| Average Rent (2 BR Apartment) | $3300 | $1200 |
| Average Rent (2 BR House) | $3400 | $1275 |
Housing Comparison: Goleta vs Monroe
- In Goleta, the median home price is higher at $1,050,000, while in Monroe it is $212,500.
- Renting a two-bedroom apartment costs more in Goleta at $3,300 than in Monroe 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 | Monroe |
|---|---|---|
| Electricity Price | $32.99 | $11.42 |
| Natural Gas Price | $16.99 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Goleta vs Monroe
- Electricity costs are higher in Goleta at $32.99 per kWh, compared to $11.42 in Monroe.
- Monroe experiences higher natural gas costs at $19.48 per unit, with costs at $16.99 in Goleta.
- Utility expenses are equal in both Goleta and Monroe averaging $250.