Cost of Living: Monticello, AR vs Gainesboro, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Gainesboro |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $155,000 | $185,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $801.6 | $Data is updating |
Housing Comparison: Monticello vs Gainesboro
- The median home price in Gainesboro is higher at $185,000, compared to $155,000 in Monticello.
- The rent for a two-bedroom apartment is equal in both Monticello and Gainesboro 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 | Gainesboro |
|---|---|---|
| Electricity Price | $12.36 | $12.57 |
| Natural Gas Price | $17.08 | $12.35 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Monticello vs Gainesboro
- Gainesboro has higher electricity costs at $12.57 per kWh, versus $12.36 in Monticello.
- Natural gas is more expensive in Monticello at $17.08 per unit, while it is cheaper at $12.35 in Gainesboro.
- Utility expenses are equal in both Monticello and Gainesboro averaging $150.