Cost of Living: Monticello, AR vs Lake grove, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Lake grove |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $155,000 | $646,500 |
| Average Rent (2 BR Apartment) | $800 | $2400 |
| Average Rent (2 BR House) | $801.6 | $2320 |
Housing Comparison: Monticello vs Lake grove
- The median home price in Lake grove is higher at $646,500, compared to $155,000 in Monticello.
- Renting a two-bedroom apartment costs more in Monticello at $800 than in Lake grove at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Lake grove |
|---|---|---|
| Electricity Price | $12.36 | $26.08 |
| Natural Gas Price | $17.08 | $18.13 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Monticello vs Lake grove
- Lake grove has higher electricity costs at $26.08 per kWh, versus $12.36 in Monticello.
- Lake grove experiences higher natural gas costs at $18.13 per unit, with costs at $17.08 in Monticello.
- Lake grove has higher utility expenses, averaging $250, while Monticello averages $150.