Cost of Living: Norristown, PA vs Monroe, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norristown | Monroe |
|---|---|---|
| Housing Index | 120.0 | 90.4 |
| Median Home Price | $219,000 | $163,000 |
| Average Rent (2 BR Apartment) | $1800 | $900 |
| Average Rent (2 BR House) | $1920 | $1000 |
Housing Comparison: Norristown vs Monroe
- In Norristown, the median home price is higher at $219,000, while in Monroe it is $163,000.
- In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $1,800 in Norristown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norristown | Monroe |
|---|---|---|
| Electricity Price | $17.68 | $19.88 |
| Natural Gas Price | $17.61 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norristown vs Monroe
- Monroe has higher electricity costs at $19.88 per kWh, versus $17.68 in Norristown.
- Natural gas is more expensive in Norristown at $17.61 per unit, while it is cheaper at $15.42 in Monroe.
- Utility expenses are equal in both Norristown and Monroe averaging $250.