Cost of Living: Montrose, MI vs Ada, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montrose | Ada |
|---|---|---|
| Housing Index | 85.0 | 78.0 |
| Median Home Price | $200,000 | $136,000 |
| Average Rent (2 BR Apartment) | $800 | $950 |
| Average Rent (2 BR House) | $816 | $1025 |
Housing Comparison: Montrose vs Ada
- In Montrose, the median home price is higher at $200,000, while in Ada it is $136,000.
- In Ada, the rental for a two-bedroom apartment stands at $950, while it is $800 in Montrose.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montrose | Ada |
|---|---|---|
| Electricity Price | $19.88 | $12.37 |
| Natural Gas Price | $15.42 | $20.27 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Montrose vs Ada
- Electricity costs are higher in Montrose at $19.88 per kWh, compared to $12.37 in Ada.
- Ada experiences higher natural gas costs at $20.27 per unit, with costs at $15.42 in Montrose.
- Utility expenses are equal in both Montrose and Ada averaging $200.