Cost of Living: Monroe, MI vs Escondido, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Escondido |
|---|---|---|
| Housing Index | 90.4 | 120.0 |
| Median Home Price | $163,000 | $702,500 |
| Average Rent (2 BR Apartment) | $900 | $2400 |
| Average Rent (2 BR House) | $1000 | $2460 |
Housing Comparison: Monroe vs Escondido
- The median home price in Escondido is higher at $702,500, compared to $163,000 in Monroe.
- Renting a two-bedroom apartment costs more in Monroe at $900 than in Escondido at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Escondido |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monroe vs Escondido
- Escondido has higher electricity costs at $32.99 per kWh, versus $19.88 in Monroe.
- Escondido experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Monroe.
- Utility expenses are equal in both Monroe and Escondido averaging $250.