Cost of Living: Montrose, MI vs New albin, IA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Montrose New albin
Housing Index 85.0 Data is updating
Median Home Price $200,000 $145,000
Average Rent (2 BR Apartment) $800 $Data is updating
Average Rent (2 BR House) $816 $Data is updating

Housing Comparison: Montrose vs New albin

  • In Montrose, the median home price is higher at $200,000, while in New albin it is $145,000.
  • The rent for a two-bedroom apartment is equal in both Montrose and New albin at $800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Montrose New albin
Electricity Price $19.88 $14.82
Natural Gas Price $15.42 $15.61
Other Utilities $200 $Data is updating

Utilities Comparison: Montrose vs New albin

  • Electricity costs are higher in Montrose at $19.88 per kWh, compared to $14.82 in New albin.
  • New albin experiences higher natural gas costs at $15.61 per unit, with costs at $15.42 in Montrose.
  • Utility expenses are equal in both Montrose and New albin averaging $200.