Cost of Living: Monterey, VA vs Falling waters, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Falling waters |
|---|---|---|
| Housing Index | 95.0 | 95.3 |
| Median Home Price | $202,500 | $278,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1246 | $1344 |
Housing Comparison: Monterey vs Falling waters
- The median home price in Falling waters is higher at $278,000, compared to $202,500 in Monterey.
- The rent for a two-bedroom apartment is equal in both Monterey and Falling waters 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 | Falling waters |
|---|---|---|
| Electricity Price | $15.31 | $15.48 |
| Natural Gas Price | $19.91 | $23.05 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Monterey vs Falling waters
- Falling waters has higher electricity costs at $15.48 per kWh, versus $15.31 in Monterey.
- Falling waters experiences higher natural gas costs at $23.05 per unit, with costs at $19.91 in Monterey.
- Other utility costs are higher in Monterey at an average of $250, compared to Falling waters with $150.