Cost of Living: Monticello, IL vs Louisville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monticello | Louisville |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $230,000 | $200,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $960 | $1280 |
Housing Comparison: Monticello vs Louisville
- In Monticello, the median home price is higher at $230,000, while in Louisville it is $200,000.
- Renting a two-bedroom apartment costs more in Monticello at $950 than in Louisville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monticello | Louisville |
|---|---|---|
| Electricity Price | $16.15 | $12.87 |
| Natural Gas Price | $16.59 | $22.78 |
| Other Utilities | $200 | $150 |
Utilities Comparison: Monticello vs Louisville
- Electricity costs are higher in Monticello at $16.15 per kWh, compared to $12.87 in Louisville.
- Louisville experiences higher natural gas costs at $22.78 per unit, with costs at $16.59 in Monticello.
- Other utility costs are higher in Monticello at an average of $200, compared to Louisville with $150.