Cost of Living: Monterey, CA vs Grand junction, CO

Housing

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

Metric Monterey Grand junction
Housing Index 160.3 85.0
Median Home Price $1,135,000 $420,000
Average Rent (2 BR Apartment) $3000 $1200
Average Rent (2 BR House) $3060 $1360

Housing Comparison: Monterey vs Grand junction

  • In Monterey, the median home price is higher at $1,135,000, while in Grand junction it is $420,000.
  • Renting a two-bedroom apartment costs more in Monterey at $3,000 than in Grand junction at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Monterey Grand junction
Electricity Price $32.99 $15.21
Natural Gas Price $16.99 $11.3
Other Utilities $250 $200

Utilities Comparison: Monterey vs Grand junction

  • Electricity costs are higher in Monterey at $32.99 per kWh, compared to $15.21 in Grand junction.
  • Natural gas is more expensive in Monterey at $16.99 per unit, while it is cheaper at $11.3 in Grand junction.
  • Other utility costs are higher in Monterey at an average of $250, compared to Grand junction with $200.