Cost of Living: Monticello, AR vs Elkmont, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Elkmont |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $155,000 | $210,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $801.6 | $Data is updating |
Housing Comparison: Monticello vs Elkmont
- The median home price in Elkmont is higher at $210,000, compared to $155,000 in Monticello.
- The rent for a two-bedroom apartment is equal in both Monticello and Elkmont at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Elkmont |
|---|---|---|
| Electricity Price | $12.36 | $15.03 |
| Natural Gas Price | $17.08 | $21.76 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Monticello vs Elkmont
- Elkmont has higher electricity costs at $15.03 per kWh, versus $12.36 in Monticello.
- Elkmont experiences higher natural gas costs at $21.76 per unit, with costs at $17.08 in Monticello.
- Utility expenses are equal in both Monticello and Elkmont averaging $150.