Cost of Living: Monticello, AR vs Starkville, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Starkville |
|---|---|---|
| Housing Index | 75.0 | 90.5 |
| Median Home Price | $155,000 | $171,000 |
| Average Rent (2 BR Apartment) | $800 | $900 |
| Average Rent (2 BR House) | $801.6 | $920 |
Housing Comparison: Monticello vs Starkville
- The median home price in Starkville is higher at $171,000, compared to $155,000 in Monticello.
- In Starkville, the rental for a two-bedroom apartment stands at $900, while it is $800 in Monticello.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Starkville |
|---|---|---|
| Electricity Price | $12.36 | $13.42 |
| Natural Gas Price | $17.08 | $22.19 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Monticello vs Starkville
- Starkville has higher electricity costs at $13.42 per kWh, versus $12.36 in Monticello.
- Starkville experiences higher natural gas costs at $22.19 per unit, with costs at $17.08 in Monticello.
- Starkville has higher utility expenses, averaging $200, while Monticello averages $150.