Cost of Living: Grafton, WI vs Monroe, MI

Housing

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

Metric Grafton Monroe
Housing Index 110.0 90.4
Median Home Price $292,500 $163,000
Average Rent (2 BR Apartment) $1500 $900
Average Rent (2 BR House) $1600 $1000

Housing Comparison: Grafton vs Monroe

  • In Grafton, the median home price is higher at $292,500, while in Monroe it is $163,000.
  • In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $1,500 in Grafton.

Utilities

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

Metric Grafton Monroe
Electricity Price $17.6 $19.88
Natural Gas Price $11.5 $15.42
Other Utilities $200 $250

Utilities Comparison: Grafton vs Monroe

  • Monroe has higher electricity costs at $19.88 per kWh, versus $17.6 in Grafton.
  • Monroe experiences higher natural gas costs at $15.42 per unit, with costs at $11.5 in Grafton.
  • Monroe has higher utility expenses, averaging $250, while Grafton averages $200.