Cost of Living: Monroe, MI vs Brandon, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Brandon |
|---|---|---|
| Housing Index | 90.4 | 120.5 |
| Median Home Price | $163,000 | $316,000 |
| Average Rent (2 BR Apartment) | $900 | $2200 |
| Average Rent (2 BR House) | $1000 | $2256 |
Housing Comparison: Monroe vs Brandon
- The median home price in Brandon is higher at $316,000, compared to $163,000 in Monroe.
- Renting a two-bedroom apartment costs more in Monroe at $900 than in Brandon at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Brandon |
|---|---|---|
| Electricity Price | $19.88 | $13.89 |
| Natural Gas Price | $15.42 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monroe vs Brandon
- Electricity costs are higher in Monroe at $19.88 per kWh, compared to $13.89 in Brandon.
- Brandon experiences higher natural gas costs at $26.13 per unit, with costs at $15.42 in Monroe.
- Utility expenses are equal in both Monroe and Brandon averaging $250.