Cost of Living: Niles, OH vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Niles | Monterey |
|---|---|---|
| Housing Index | 88.5 | 160.3 |
| Median Home Price | $131,000 | $1,135,000 |
| Average Rent (2 BR Apartment) | $820 | $3000 |
| Average Rent (2 BR House) | $872 | $3060 |
Housing Comparison: Niles vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $131,000 in Niles.
- Renting a two-bedroom apartment costs more in Niles at $820 than in Monterey at $3,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Niles | Monterey |
|---|---|---|
| Electricity Price | $15.92 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Niles vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $15.92 in Niles.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Niles and Monterey averaging $250.