Cost of Living: Montgomery, NY vs Falling waters, WV

Housing

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

Metric Montgomery Falling waters
Housing Index 120.0 95.3
Median Home Price $346,000 $278,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1880 $1344

Housing Comparison: Montgomery vs Falling waters

  • In Montgomery, the median home price is higher at $346,000, while in Falling waters it is $278,000.
  • Renting a two-bedroom apartment costs more in Montgomery at $1,800 than in Falling waters 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 Falling waters
Electricity Price $26.08 $15.48
Natural Gas Price $18.13 $23.05
Other Utilities $250 $150

Utilities Comparison: Montgomery vs Falling waters

  • Electricity costs are higher in Montgomery at $26.08 per kWh, compared to $15.48 in Falling waters.
  • Falling waters experiences higher natural gas costs at $23.05 per unit, with costs at $18.13 in Montgomery.
  • Other utility costs are higher in Montgomery at an average of $250, compared to Falling waters with $150.