Cost of Living: Monterey, VA vs North liberty, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | North liberty |
|---|---|---|
| Housing Index | 95.0 | 95.0 |
| Median Home Price | $202,500 | $345,000 |
| Average Rent (2 BR Apartment) | $1200 | $1250 |
| Average Rent (2 BR House) | $1246 | $1280 |
Housing Comparison: Monterey vs North liberty
- The median home price in North liberty is higher at $345,000, compared to $202,500 in Monterey.
- In North liberty, the rental for a two-bedroom apartment stands at $1,250, while it is $1,200 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 | North liberty |
|---|---|---|
| Electricity Price | $15.31 | $14.82 |
| Natural Gas Price | $19.91 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monterey vs North liberty
- Electricity costs are higher in Monterey at $15.31 per kWh, compared to $14.82 in North liberty.
- Natural gas is more expensive in Monterey at $19.91 per unit, while it is cheaper at $15.61 in North liberty.
- Utility expenses are equal in both Monterey and North liberty averaging $250.