Cost of Living: Monterey, CA vs Wichita falls, TX

Housing

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

Metric Monterey Wichita falls
Housing Index 160.3 80.0
Median Home Price $1,135,000 $233,000
Average Rent (2 BR Apartment) $3000 $1200
Average Rent (2 BR House) $3060 $1300

Housing Comparison: Monterey vs Wichita falls

  • In Monterey, the median home price is higher at $1,135,000, while in Wichita falls it is $233,000.
  • Renting a two-bedroom apartment costs more in Monterey at $3,000 than in Wichita falls 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 Wichita falls
Electricity Price $32.99 $14.47
Natural Gas Price $16.99 $26.29
Other Utilities $250 $250

Utilities Comparison: Monterey vs Wichita falls

  • Electricity costs are higher in Monterey at $32.99 per kWh, compared to $14.47 in Wichita falls.
  • Wichita falls experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Monterey.
  • Utility expenses are equal in both Monterey and Wichita falls averaging $250.