Cost of Living: Gray, ME vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gray | Monahans |
|---|---|---|
| Housing Index | 110.0 | 92.0 |
| Median Home Price | $312,000 | $195,000 |
| Average Rent (2 BR Apartment) | $1450 | $1200 |
| Average Rent (2 BR House) | $1536 | $1344 |
Housing Comparison: Gray vs Monahans
- In Gray, the median home price is higher at $312,000, while in Monahans it is $195,000.
- Renting a two-bedroom apartment costs more in Gray at $1,450 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 | Gray | Monahans |
|---|---|---|
| Electricity Price | $22.26 | $14.47 |
| Natural Gas Price | $21.63 | $26.29 |
| Other Utilities | $215 | $250 |
Utilities Comparison: Gray vs Monahans
- Electricity costs are higher in Gray at $22.26 per kWh, compared to $14.47 in Monahans.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $21.63 in Gray.
- Monahans has higher utility expenses, averaging $250, while Gray averages $215.