Cost of Living: Monroe, LA vs River rouge, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | River rouge |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $212,500 | $64,200 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1275 | $Data is updating |
Housing Comparison: Monroe vs River rouge
- In Monroe, the median home price is higher at $212,500, while in River rouge it is $64,200.
- The rent for a two-bedroom apartment is equal in both Monroe and River rouge 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 | River rouge |
|---|---|---|
| Electricity Price | $11.42 | $19.88 |
| Natural Gas Price | $19.48 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Monroe vs River rouge
- River rouge has higher electricity costs at $19.88 per kWh, versus $11.42 in Monroe.
- Natural gas is more expensive in Monroe at $19.48 per unit, while it is cheaper at $15.42 in River rouge.
- Utility expenses are equal in both Monroe and River rouge averaging $250.