Cost of Living: Greenwood, IN vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Monterey |
|---|---|---|
| Housing Index | 90.0 | 160.3 |
| Median Home Price | $287,500 | $1,135,000 |
| Average Rent (2 BR Apartment) | $1200 | $3000 |
| Average Rent (2 BR House) | $1300 | $3060 |
Housing Comparison: Greenwood vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $287,500 in Greenwood.
- In Monterey, the rental for a two-bedroom apartment stands at $3,000, while it is $1,200 in Greenwood.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Greenwood | Monterey |
|---|---|---|
| Electricity Price | $14.89 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Greenwood vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $14.89 in Greenwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Greenwood and Monterey averaging $250.