Cost of Living: Montgomery, NY vs Booneville, MS

Housing

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

Metric Montgomery Booneville
Housing Index 120.0 85.0
Median Home Price $346,000 $150,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1880 $1280

Housing Comparison: Montgomery vs Booneville

  • In Montgomery, the median home price is higher at $346,000, while in Booneville it is $150,000.
  • Renting a two-bedroom apartment costs more in Montgomery at $1,800 than in Booneville 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 Montgomery Booneville
Electricity Price $26.08 $13.42
Natural Gas Price $18.13 $22.19
Other Utilities $250 $180

Utilities Comparison: Montgomery vs Booneville

  • Electricity costs are higher in Montgomery at $26.08 per kWh, compared to $13.42 in Booneville.
  • Booneville experiences higher natural gas costs at $22.19 per unit, with costs at $18.13 in Montgomery.
  • Other utility costs are higher in Montgomery at an average of $250, compared to Booneville with $180.