Cost of Living: La mirada, CA vs Monroe, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | La mirada | Monroe |
|---|---|---|
| Housing Index | 125.0 | 90.4 |
| Median Home Price | $675,000 | $163,000 |
| Average Rent (2 BR Apartment) | $2300 | $900 |
| Average Rent (2 BR House) | $2366 | $1000 |
Housing Comparison: La mirada vs Monroe
- In La mirada, the median home price is higher at $675,000, while in Monroe it is $163,000.
- In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $2,300 in La mirada.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | La mirada | Monroe |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: La mirada vs Monroe
- Electricity costs are higher in La mirada at $32.99 per kWh, compared to $19.88 in Monroe.
- Natural gas is more expensive in La mirada at $16.99 per unit, while it is cheaper at $15.42 in Monroe.
- Utility expenses are equal in both La mirada and Monroe averaging $250.