Cost of Living: Lowell, MA vs Monrovia, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lowell | Monrovia |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $513,000 | $470,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Lowell vs Monrovia
- In Lowell, the median home price is higher at $513,000, while in Monrovia it is $470,000.
- The rent for a two-bedroom apartment is equal in both Lowell and Monrovia 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 | Lowell | Monrovia |
|---|---|---|
| Electricity Price | $28.15 | $17.41 |
| Natural Gas Price | $21.62 | $18.44 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Lowell vs Monrovia
- Electricity costs are higher in Lowell at $28.15 per kWh, compared to $17.41 in Monrovia.
- Natural gas is more expensive in Lowell at $21.62 per unit, while it is cheaper at $18.44 in Monrovia.
- Utility expenses are equal in both Lowell and Monrovia averaging $0.0.