Cost of Living: Monroe, NC vs New iberia, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | New iberia |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $292,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1365 | $1280 |
Housing Comparison: Monroe vs New iberia
- In Monroe, the median home price is higher at $292,000, while in New iberia it is $155,000.
- Renting a two-bedroom apartment costs more in Monroe at $1,300 than in New iberia 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 | New iberia |
|---|---|---|
| Electricity Price | $13.72 | $11.42 |
| Natural Gas Price | $Data is updating | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monroe vs New iberia
- Electricity costs are higher in Monroe at $13.72 per kWh, compared to $11.42 in New iberia.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Monroe and New iberia averaging $250.