Cost of Living: Monrovia, MD vs Pequot lakes, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monrovia Pequot lakes
Housing Index Data is updating 90.0
Median Home Price $470,000 $290,000
Average Rent (2 BR Apartment) $Data is updating $1160
Average Rent (2 BR House) $Data is updating $1200

Housing Comparison: Monrovia vs Pequot lakes

  • In Monrovia, the median home price is higher at $470,000, while in Pequot lakes it is $290,000.
  • The rent for a two-bedroom apartment is equal in both Monrovia and Pequot lakes 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 Pequot lakes
Electricity Price $17.41 $16.38
Natural Gas Price $18.44 $14.87
Other Utilities $Data is updating $200

Utilities Comparison: Monrovia vs Pequot lakes

  • Electricity costs are higher in Monrovia at $17.41 per kWh, compared to $16.38 in Pequot lakes.
  • Natural gas is more expensive in Monrovia at $18.44 per unit, while it is cheaper at $14.87 in Pequot lakes.
  • Utility expenses are equal in both Monrovia and Pequot lakes averaging $0.0.