Cost of Living: Monrovia, MD vs Lathrup village, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monrovia | Lathrup village |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $470,000 | $225,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Monrovia vs Lathrup village
- In Monrovia, the median home price is higher at $470,000, while in Lathrup village it is $225,000.
- The rent for a two-bedroom apartment is equal in both Monrovia and Lathrup village at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monrovia | Lathrup village |
|---|---|---|
| Electricity Price | $17.41 | $19.88 |
| Natural Gas Price | $18.44 | $15.42 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Monrovia vs Lathrup village
- Lathrup village has higher electricity costs at $19.88 per kWh, versus $17.41 in Monrovia.
- Natural gas is more expensive in Monrovia at $18.44 per unit, while it is cheaper at $15.42 in Lathrup village.
- Utility expenses are equal in both Monrovia and Lathrup village averaging $0.0.