Cost of Living: Montrose, MI vs Addison, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montrose | Addison |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $200,000 | $315,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $816 | $1840 |
Housing Comparison: Montrose vs Addison
- The median home price in Addison is higher at $315,000, compared to $200,000 in Montrose.
- Renting a two-bedroom apartment costs more in Montrose at $800 than in Addison at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montrose | Addison |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Montrose vs Addison
- Electricity costs are higher in Montrose at $19.88 per kWh, compared to $16.15 in Addison.
- Addison experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Montrose.
- Addison has higher utility expenses, averaging $250, while Montrose averages $200.