Cost of Living: Monterey, VA vs Raymore, MO

Housing

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

Metric Monterey Raymore
Housing Index 95.0 95.0
Median Home Price $202,500 $350,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1246 $1360

Housing Comparison: Monterey vs Raymore

  • The median home price in Raymore is higher at $350,000, compared to $202,500 in Monterey.
  • The rent for a two-bedroom apartment is equal in both Monterey and Raymore 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 Raymore
Electricity Price $15.31 $14.64
Natural Gas Price $19.91 $23.25
Other Utilities $250 $250

Utilities Comparison: Monterey vs Raymore

  • Electricity costs are higher in Monterey at $15.31 per kWh, compared to $14.64 in Raymore.
  • Raymore experiences higher natural gas costs at $23.25 per unit, with costs at $19.91 in Monterey.
  • Utility expenses are equal in both Monterey and Raymore averaging $250.