Cost of Living: Monroe, NC vs Mayo, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Mayo |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $292,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1300 | $Data is updating |
| Average Rent (2 BR House) | $1365 | $Data is updating |
Housing Comparison: Monroe vs Mayo
- In Monroe, the median home price is higher at $292,000, while in Mayo it is $150,000.
- The rent for a two-bedroom apartment is equal in both Monroe and Mayo at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Mayo |
|---|---|---|
| Electricity Price | $13.72 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Monroe vs Mayo
- Mayo has higher electricity costs at $13.89 per kWh, versus $13.72 in Monroe.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Monroe and Mayo averaging $250.