Cost of Living: Monroe, MI vs Pell city, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Pell city |
|---|---|---|
| Housing Index | 90.4 | 75.0 |
| Median Home Price | $163,000 | $248,000 |
| Average Rent (2 BR Apartment) | $900 | $900 |
| Average Rent (2 BR House) | $1000 | $960 |
Housing Comparison: Monroe vs Pell city
- The median home price in Pell city is higher at $248,000, compared to $163,000 in Monroe.
- The rent for a two-bedroom apartment is equal in both Monroe and Pell city at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Pell city |
|---|---|---|
| Electricity Price | $19.88 | $15.03 |
| Natural Gas Price | $15.42 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monroe vs Pell city
- Electricity costs are higher in Monroe at $19.88 per kWh, compared to $15.03 in Pell city.
- Pell city experiences higher natural gas costs at $21.76 per unit, with costs at $15.42 in Monroe.
- Other utility costs are higher in Monroe at an average of $250, compared to Pell city with $200.