Cost of Living: Monroe, MI vs Aberdeen, SD

Housing

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

Metric Monroe Aberdeen
Housing Index 90.4 90.0
Median Home Price $163,000 $207,000
Average Rent (2 BR Apartment) $900 $1200
Average Rent (2 BR House) $1000 $1360

Housing Comparison: Monroe vs Aberdeen

  • The median home price in Aberdeen is higher at $207,000, compared to $163,000 in Monroe.
  • Renting a two-bedroom apartment costs more in Monroe at $900 than in Aberdeen 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 Aberdeen
Electricity Price $19.88 $14.15
Natural Gas Price $15.42 $10.63
Other Utilities $250 $150

Utilities Comparison: Monroe vs Aberdeen

  • Electricity costs are higher in Monroe at $19.88 per kWh, compared to $14.15 in Aberdeen.
  • Natural gas is more expensive in Monroe at $15.42 per unit, while it is cheaper at $10.63 in Aberdeen.
  • Other utility costs are higher in Monroe at an average of $250, compared to Aberdeen with $150.