Cost of Living: Monterey park, CA vs Denver, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey park | Denver |
|---|---|---|
| Housing Index | 140.0 | 115.0 |
| Median Home Price | $837,000 | $631,000 |
| Average Rent (2 BR Apartment) | $2800 | $2400 |
| Average Rent (2 BR House) | $2880 | $2480 |
Housing Comparison: Monterey park vs Denver
- In Monterey park, the median home price is higher at $837,000, while in Denver it is $631,000.
- Renting a two-bedroom apartment costs more in Monterey park at $2,800 than in Denver at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monterey park | Denver |
|---|---|---|
| Electricity Price | $32.99 | $15.21 |
| Natural Gas Price | $16.99 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monterey park vs Denver
- Electricity costs are higher in Monterey park at $32.99 per kWh, compared to $15.21 in Denver.
- Natural gas is more expensive in Monterey park at $16.99 per unit, while it is cheaper at $11.3 in Denver.
- Utility expenses are equal in both Monterey park and Denver averaging $250.