Cost of Living: Monahans, TX vs Montrose, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monahans | Montrose |
|---|---|---|
| Housing Index | 92.0 | 85.0 |
| Median Home Price | $195,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1344 | $816 |
Housing Comparison: Monahans vs Montrose
- The median home price in Montrose is higher at $200,000, compared to $195,000 in Monahans.
- In Montrose, 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 | Montrose |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monahans vs Montrose
- Montrose has higher electricity costs at $19.88 per kWh, versus $14.47 in Monahans.
- Natural gas is more expensive in Monahans at $26.29 per unit, while it is cheaper at $15.42 in Montrose.
- Other utility costs are higher in Monahans at an average of $250, compared to Montrose with $200.