Cost of Living: Monahans, TX vs Montrose, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monahans | Montrose |
|---|---|---|
| Housing Index | 92.0 | 110.0 |
| Median Home Price | $195,000 | $366,000 |
| Average Rent (2 BR Apartment) | $1200 | $1400 |
| Average Rent (2 BR House) | $1344 | $1450 |
Housing Comparison: Monahans vs Montrose
- The median home price in Montrose is higher at $366,000, compared to $195,000 in Monahans.
- In Montrose, the rental for a two-bedroom apartment stands at $1,400, 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 | Montrose |
|---|---|---|
| Electricity Price | $14.47 | $15.21 |
| Natural Gas Price | $26.29 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monahans vs Montrose
- Montrose has higher electricity costs at $15.21 per kWh, versus $14.47 in Monahans.
- Natural gas is more expensive in Monahans at $26.29 per unit, while it is cheaper at $11.3 in Montrose.
- Utility expenses are equal in both Monahans and Montrose averaging $250.