Cost of Living: Monroe, MI vs Locust grove, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Locust grove |
|---|---|---|
| Housing Index | 90.4 | 90.0 |
| Median Home Price | $163,000 | $185,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $1000 | $1360 |
Housing Comparison: Monroe vs Locust grove
- The median home price in Locust grove is higher at $185,000, compared to $163,000 in Monroe.
- Renting a two-bedroom apartment costs more in Monroe at $900 than in Locust grove 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 | Locust grove |
|---|---|---|
| Electricity Price | $19.88 | $12.37 |
| Natural Gas Price | $15.42 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monroe vs Locust grove
- Electricity costs are higher in Monroe at $19.88 per kWh, compared to $12.37 in Locust grove.
- Locust grove experiences higher natural gas costs at $20.27 per unit, with costs at $15.42 in Monroe.
- Utility expenses are equal in both Monroe and Locust grove averaging $250.