Cost of Living: Monroe city, MO vs Shelby, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe city | Shelby |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $107,000 | $174,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $720 | $Data is updating |
Housing Comparison: Monroe city vs Shelby
- The median home price in Shelby is higher at $174,000, compared to $107,000 in Monroe city.
- The rent for a two-bedroom apartment is equal in both Monroe city and Shelby at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe city | Shelby |
|---|---|---|
| Electricity Price | $14.64 | $14.82 |
| Natural Gas Price | $23.25 | $15.61 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Monroe city vs Shelby
- Shelby has higher electricity costs at $14.82 per kWh, versus $14.64 in Monroe city.
- Natural gas is more expensive in Monroe city at $23.25 per unit, while it is cheaper at $15.61 in Shelby.
- Utility expenses are equal in both Monroe city and Shelby averaging $200.