Cost of Living: Monroe city, MO vs Texarkana, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe city | Texarkana |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $107,000 | $158,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $720 | $1280 |
Housing Comparison: Monroe city vs Texarkana
- The median home price in Texarkana is higher at $158,000, compared to $107,000 in Monroe city.
- Renting a two-bedroom apartment costs more in Monroe city at $800 than in Texarkana at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe city | Texarkana |
|---|---|---|
| Electricity Price | $14.64 | $12.36 |
| Natural Gas Price | $23.25 | $17.08 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Monroe city vs Texarkana
- Electricity costs are higher in Monroe city at $14.64 per kWh, compared to $12.36 in Texarkana.
- Natural gas is more expensive in Monroe city at $23.25 per unit, while it is cheaper at $17.08 in Texarkana.
- Texarkana has higher utility expenses, averaging $250, while Monroe city averages $200.