Cost of Living: Monticello, AR vs Duluth, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Duluth |
|---|---|---|
| Housing Index | 75.0 | 110.0 |
| Median Home Price | $155,000 | $242,500 |
| Average Rent (2 BR Apartment) | $800 | $1450 |
| Average Rent (2 BR House) | $801.6 | $1600 |
Housing Comparison: Monticello vs Duluth
- The median home price in Duluth is higher at $242,500, compared to $155,000 in Monticello.
- Renting a two-bedroom apartment costs more in Monticello at $800 than in Duluth at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Duluth |
|---|---|---|
| Electricity Price | $12.36 | $16.38 |
| Natural Gas Price | $17.08 | $14.87 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Monticello vs Duluth
- Duluth has higher electricity costs at $16.38 per kWh, versus $12.36 in Monticello.
- Natural gas is more expensive in Monticello at $17.08 per unit, while it is cheaper at $14.87 in Duluth.
- Duluth has higher utility expenses, averaging $200, while Monticello averages $150.