Cost of Living: Holly springs, NC vs Monroe, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Holly springs | Monroe |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $420,000 | $212,500 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1275 |
Housing Comparison: Holly springs vs Monroe
- In Holly springs, the median home price is higher at $420,000, while in Monroe it is $212,500.
- Renting a two-bedroom apartment costs more in Holly springs at $1,500 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 | Holly springs | Monroe |
|---|---|---|
| Electricity Price | $13.72 | $11.42 |
| Natural Gas Price | $Data is updating | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Holly springs vs Monroe
- Electricity costs are higher in Holly springs at $13.72 per kWh, compared to $11.42 in Monroe.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Holly springs and Monroe averaging $250.