Cost of Living: Montgomery, MN vs Palmyra, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery | Palmyra |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $301,000 | $185,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1630 |
Housing Comparison: Montgomery vs Palmyra
- In Montgomery, the median home price is higher at $301,000, while in Palmyra it is $185,000.
- The rent for a two-bedroom apartment is equal in both Montgomery and Palmyra at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montgomery | Palmyra |
|---|---|---|
| Electricity Price | $16.38 | $26.08 |
| Natural Gas Price | $14.87 | $18.13 |
| Other Utilities | $Data is updating | $275 |
Utilities Comparison: Montgomery vs Palmyra
- Palmyra has higher electricity costs at $26.08 per kWh, versus $16.38 in Montgomery.
- Palmyra experiences higher natural gas costs at $18.13 per unit, with costs at $14.87 in Montgomery.
- Utility expenses are equal in both Montgomery and Palmyra averaging $0.0.