Cost of Living: Monterey, VA vs Star city, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Star city |
|---|---|---|
| Housing Index | 95.0 | 95.0 |
| Median Home Price | $202,500 | $134,000 |
| Average Rent (2 BR Apartment) | $1200 | $1100 |
| Average Rent (2 BR House) | $1246 | $1080 |
Housing Comparison: Monterey vs Star city
- In Monterey, the median home price is higher at $202,500, while in Star city it is $134,000.
- Renting a two-bedroom apartment costs more in Monterey at $1,200 than in Star city at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monterey | Star city |
|---|---|---|
| Electricity Price | $15.31 | $12.36 |
| Natural Gas Price | $19.91 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Monterey vs Star city
- Electricity costs are higher in Monterey at $15.31 per kWh, compared to $12.36 in Star city.
- Natural gas is more expensive in Monterey at $19.91 per unit, while it is cheaper at $17.08 in Star city.
- Utility expenses are equal in both Monterey and Star city averaging $250.