Cost of Living: Monticello, AR vs Holly springs, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Holly springs |
|---|---|---|
| Housing Index | 75.0 | 115.0 |
| Median Home Price | $155,000 | $420,000 |
| Average Rent (2 BR Apartment) | $800 | $1500 |
| Average Rent (2 BR House) | $801.6 | $1600 |
Housing Comparison: Monticello vs Holly springs
- The median home price in Holly springs is higher at $420,000, compared to $155,000 in Monticello.
- Renting a two-bedroom apartment costs more in Monticello at $800 than in Holly springs at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Holly springs |
|---|---|---|
| Electricity Price | $12.36 | $13.72 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $150 | $250 |
Utilities Comparison: Monticello vs Holly springs
- Holly springs has higher electricity costs at $13.72 per kWh, versus $12.36 in Monticello.
- Natural gas price data is currently unavailable.
- Holly springs has higher utility expenses, averaging $250, while Monticello averages $150.