Cost of Living: Monett, MO vs Albert lea, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monett | Albert lea |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $167,000 | $225,000 |
| Average Rent (2 BR Apartment) | $1200 | $1050 |
| Average Rent (2 BR House) | $1350 | $1200 |
Housing Comparison: Monett vs Albert lea
- The median home price in Albert lea is higher at $225,000, compared to $167,000 in Monett.
- Renting a two-bedroom apartment costs more in Monett at $1,200 than in Albert lea at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monett | Albert lea |
|---|---|---|
| Electricity Price | $14.64 | $16.38 |
| Natural Gas Price | $23.25 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monett vs Albert lea
- Albert lea has higher electricity costs at $16.38 per kWh, versus $14.64 in Monett.
- Natural gas is more expensive in Monett at $23.25 per unit, while it is cheaper at $14.87 in Albert lea.
- Utility expenses are equal in both Monett and Albert lea averaging $250.