Cost of Living: Monterey, CA vs Peru, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Peru |
|---|---|---|
| Housing Index | 160.3 | 90.0 |
| Median Home Price | $1,135,000 | $240,000 |
| Average Rent (2 BR Apartment) | $3000 | $1640 |
| Average Rent (2 BR House) | $3060 | $1700 |
Housing Comparison: Monterey vs Peru
- In Monterey, the median home price is higher at $1,135,000, while in Peru it is $240,000.
- Renting a two-bedroom apartment costs more in Monterey at $3,000 than in Peru at $1,640.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monterey | Peru |
|---|---|---|
| Electricity Price | $32.99 | $26.08 |
| Natural Gas Price | $16.99 | $18.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monterey vs Peru
- Electricity costs are higher in Monterey at $32.99 per kWh, compared to $26.08 in Peru.
- Peru experiences higher natural gas costs at $18.13 per unit, with costs at $16.99 in Monterey.
- Other utility costs are higher in Monterey at an average of $250, compared to Peru with $200.