Cost of Living: Monroe, MI vs Perry hall, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Perry hall |
|---|---|---|
| Housing Index | 90.4 | 125.0 |
| Median Home Price | $163,000 | $399,000 |
| Average Rent (2 BR Apartment) | $900 | $1950 |
| Average Rent (2 BR House) | $1000 | $2000 |
Housing Comparison: Monroe vs Perry hall
- The median home price in Perry hall is higher at $399,000, compared to $163,000 in Monroe.
- Renting a two-bedroom apartment costs more in Monroe at $900 than in Perry hall at $1,950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Perry hall |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Monroe vs Perry hall
- Electricity costs are higher in Monroe at $19.88 per kWh, compared to $17.41 in Perry hall.
- Perry hall experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Monroe.
- Perry hall has higher utility expenses, averaging $275, while Monroe averages $250.