Cost of Living: Monroe, LA vs Westfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Westfield |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $212,500 | $307,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1275 | $1830 |
Housing Comparison: Monroe vs Westfield
- The median home price in Westfield is higher at $307,000, compared to $212,500 in Monroe.
- In Westfield, the rental for a two-bedroom apartment stands at $1,800, 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 | Westfield |
|---|---|---|
| Electricity Price | $11.42 | $28.15 |
| Natural Gas Price | $19.48 | $21.62 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Monroe vs Westfield
- Westfield has higher electricity costs at $28.15 per kWh, versus $11.42 in Monroe.
- Westfield experiences higher natural gas costs at $21.62 per unit, with costs at $19.48 in Monroe.
- Westfield has higher utility expenses, averaging $280, while Monroe averages $250.