Cost of Living: Montgomery, NY vs New roads, LA

Housing

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

Metric Montgomery New roads
Housing Index 120.0 Data is updating
Median Home Price $346,000 $135,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1880 $Data is updating

Housing Comparison: Montgomery vs New roads

  • In Montgomery, the median home price is higher at $346,000, while in New roads it is $135,000.
  • The rent for a two-bedroom apartment is equal in both Montgomery and New roads at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Montgomery New roads
Electricity Price $26.08 $11.42
Natural Gas Price $18.13 $19.48
Other Utilities $250 $Data is updating

Utilities Comparison: Montgomery vs New roads

  • Electricity costs are higher in Montgomery at $26.08 per kWh, compared to $11.42 in New roads.
  • New roads experiences higher natural gas costs at $19.48 per unit, with costs at $18.13 in Montgomery.
  • Utility expenses are equal in both Montgomery and New roads averaging $250.