Cost of Living: Monahans, TX vs Canton, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monahans Canton
Housing Index 92.0 75.0
Median Home Price $195,000 $204,000
Average Rent (2 BR Apartment) $1200 $800
Average Rent (2 BR House) $1344 $800

Housing Comparison: Monahans vs Canton

  • The median home price in Canton is higher at $204,000, compared to $195,000 in Monahans.
  • In Canton, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Monahans.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Monahans Canton
Electricity Price $14.47 $13.42
Natural Gas Price $26.29 $22.19
Other Utilities $250 $200

Utilities Comparison: Monahans vs Canton

  • Electricity costs are higher in Monahans at $14.47 per kWh, compared to $13.42 in Canton.
  • Natural gas is more expensive in Monahans at $26.29 per unit, while it is cheaper at $22.19 in Canton.
  • Other utility costs are higher in Monahans at an average of $250, compared to Canton with $200.