Cost of Living: Louin, MS vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Louin | Monterey |
|---|---|---|
| Housing Index | Data is updating | 160.3 |
| Median Home Price | $114,000 | $1,135,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $3000 |
| Average Rent (2 BR House) | $Data is updating | $3060 |
Housing Comparison: Louin vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $114,000 in Louin.
- The rent for a two-bedroom apartment is equal in both Louin and Monterey 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 | Louin | Monterey |
|---|---|---|
| Electricity Price | $13.42 | $32.99 |
| Natural Gas Price | $22.19 | $16.99 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Louin vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $13.42 in Louin.
- Natural gas is more expensive in Louin at $22.19 per unit, while it is cheaper at $16.99 in Monterey.
- Utility expenses are equal in both Louin and Monterey averaging $0.0.