Cost of Living: Monterey, CA vs Montrose, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Montrose |
|---|---|---|
| Housing Index | 160.3 | 85.0 |
| Median Home Price | $1,135,000 | $200,000 |
| Average Rent (2 BR Apartment) | $3000 | $800 |
| Average Rent (2 BR House) | $3060 | $816 |
Housing Comparison: Monterey vs Montrose
- In Monterey, the median home price is higher at $1,135,000, while in Montrose it is $200,000.
- In Montrose, the rental for a two-bedroom apartment stands at $800, while it is $3,000 in Monterey.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monterey | Montrose |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monterey vs Montrose
- Electricity costs are higher in Monterey at $32.99 per kWh, compared to $19.88 in Montrose.
- Natural gas is more expensive in Monterey at $16.99 per unit, while it is cheaper at $15.42 in Montrose.
- Other utility costs are higher in Monterey at an average of $250, compared to Montrose with $200.