Cost of Living: Monterey, VA vs Hyrum, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Hyrum |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $202,500 | $350,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1246 | $Data is updating |
Housing Comparison: Monterey vs Hyrum
- The median home price in Hyrum is higher at $350,000, compared to $202,500 in Monterey.
- The rent for a two-bedroom apartment is equal in both Monterey and Hyrum 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 | Hyrum |
|---|---|---|
| Electricity Price | $15.31 | $11.5 |
| Natural Gas Price | $19.91 | $14 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Monterey vs Hyrum
- Electricity costs are higher in Monterey at $15.31 per kWh, compared to $11.5 in Hyrum.
- Natural gas is more expensive in Monterey at $19.91 per unit, while it is cheaper at $14 in Hyrum.
- Utility expenses are equal in both Monterey and Hyrum averaging $250.