Cost of Living: Monrovia, MD vs Peabody, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monrovia | Peabody |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $470,000 | $463,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2300 |
| Average Rent (2 BR House) | $Data is updating | $2400 |
Housing Comparison: Monrovia vs Peabody
- In Monrovia, the median home price is higher at $470,000, while in Peabody it is $463,000.
- The rent for a two-bedroom apartment is equal in both Monrovia and Peabody 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 | Peabody |
|---|---|---|
| Electricity Price | $17.41 | $28.15 |
| Natural Gas Price | $18.44 | $21.62 |
| Other Utilities | $Data is updating | $280 |
Utilities Comparison: Monrovia vs Peabody
- Peabody has higher electricity costs at $28.15 per kWh, versus $17.41 in Monrovia.
- Peabody experiences higher natural gas costs at $21.62 per unit, with costs at $18.44 in Monrovia.
- Utility expenses are equal in both Monrovia and Peabody averaging $0.0.