Cost of Living: Monroe, LA vs New prague, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monroe New prague
Housing Index 85.0 100.0
Median Home Price $212,500 $295,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1275 $1640

Housing Comparison: Monroe vs New prague

  • The median home price in New prague is higher at $295,000, compared to $212,500 in Monroe.
  • In New prague, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Monroe.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Monroe New prague
Electricity Price $11.42 $16.38
Natural Gas Price $19.48 $14.87
Other Utilities $250 $250

Utilities Comparison: Monroe vs New prague

  • New prague has higher electricity costs at $16.38 per kWh, versus $11.42 in Monroe.
  • Natural gas is more expensive in Monroe at $19.48 per unit, while it is cheaper at $14.87 in New prague.
  • Utility expenses are equal in both Monroe and New prague averaging $250.