Cost of Living: London, KY vs Monticello, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | London | Monticello |
|---|---|---|
| Housing Index | Data is updating | 75.0 |
| Median Home Price | $197,000 | $155,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $801.6 |
Housing Comparison: London vs Monticello
- In London, the median home price is higher at $197,000, while in Monticello it is $155,000.
- The rent for a two-bedroom apartment is equal in both London and Monticello at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | London | Monticello |
|---|---|---|
| Electricity Price | $12.87 | $12.36 |
| Natural Gas Price | $22.78 | $17.08 |
| Other Utilities | $Data is updating | $150 |
Utilities Comparison: London vs Monticello
- Electricity costs are higher in London at $12.87 per kWh, compared to $12.36 in Monticello.
- Natural gas is more expensive in London at $22.78 per unit, while it is cheaper at $17.08 in Monticello.
- Utility expenses are equal in both London and Monticello averaging $0.0.