Cost of Living: Montrose, CO vs Benton, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montrose | Benton |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $366,000 | $196,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1450 | $1280 |
Housing Comparison: Montrose vs Benton
- In Montrose, the median home price is higher at $366,000, while in Benton it is $196,000.
- Renting a two-bedroom apartment costs more in Montrose at $1,400 than in Benton 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 | Montrose | Benton |
|---|---|---|
| Electricity Price | $15.21 | $12.36 |
| Natural Gas Price | $11.3 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Montrose vs Benton
- Electricity costs are higher in Montrose at $15.21 per kWh, compared to $12.36 in Benton.
- Benton experiences higher natural gas costs at $17.08 per unit, with costs at $11.3 in Montrose.
- Utility expenses are equal in both Montrose and Benton averaging $250.