Cost of Living: Monroe, MI vs Rudd, IA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monroe Rudd
Housing Index 90.4 Data is updating
Median Home Price $163,000 $Data is updating
Average Rent (2 BR Apartment) $900 $Data is updating
Average Rent (2 BR House) $1000 $Data is updating

Housing Comparison: Monroe vs Rudd

  • In Monroe, the median home price is higher at $163,000, while in Rudd it is $0.
  • The rent for a two-bedroom apartment is equal in both Monroe and Rudd 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 Rudd
Electricity Price $19.88 $14.82
Natural Gas Price $15.42 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Monroe vs Rudd

  • Electricity costs are higher in Monroe at $19.88 per kWh, compared to $14.82 in Rudd.
  • Rudd experiences higher natural gas costs at $15.61 per unit, with costs at $15.42 in Monroe.
  • Utility expenses are equal in both Monroe and Rudd averaging $250.