Cost of Living: Jeffersonville, IN vs Monroe, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jeffersonville | Monroe |
|---|---|---|
| Housing Index | 90.0 | 90.4 |
| Median Home Price | $250,000 | $163,000 |
| Average Rent (2 BR Apartment) | $1200 | $900 |
| Average Rent (2 BR House) | $1280 | $1000 |
Housing Comparison: Jeffersonville vs Monroe
- In Jeffersonville, the median home price is higher at $250,000, while in Monroe it is $163,000.
- In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Jeffersonville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jeffersonville | Monroe |
|---|---|---|
| Electricity Price | $14.89 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Jeffersonville vs Monroe
- Monroe has higher electricity costs at $19.88 per kWh, versus $14.89 in Jeffersonville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Jeffersonville and Monroe averaging $250.