Cost of Living: Monroe, NY vs Franklin, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Franklin |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $400,000 | $98,100 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Monroe vs Franklin
- In Monroe, the median home price is higher at $400,000, while in Franklin it is $98,100.
- The rent for a two-bedroom apartment is equal in both Monroe and Franklin at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Franklin |
|---|---|---|
| Electricity Price | $26.08 | $12.92 |
| Natural Gas Price | $18.13 | $13.89 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Monroe vs Franklin
- Electricity costs are higher in Monroe at $26.08 per kWh, compared to $12.92 in Franklin.
- Natural gas is more expensive in Monroe at $18.13 per unit, while it is cheaper at $13.89 in Franklin.
- Utility expenses are equal in both Monroe and Franklin averaging $250.