Cost of Living: Oakley, CA vs Monroe, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oakley | Monroe |
|---|---|---|
| Housing Index | 115.0 | 90.4 |
| Median Home Price | $558,000 | $163,000 |
| Average Rent (2 BR Apartment) | $2400 | $900 |
| Average Rent (2 BR House) | $2450 | $1000 |
Housing Comparison: Oakley vs Monroe
- In Oakley, the median home price is higher at $558,000, while in Monroe it is $163,000.
- In Monroe, the rental for a two-bedroom apartment stands at $900, while it is $2,400 in Oakley.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oakley | Monroe |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oakley vs Monroe
- Electricity costs are higher in Oakley at $32.99 per kWh, compared to $19.88 in Monroe.
- Natural gas is more expensive in Oakley at $16.99 per unit, while it is cheaper at $15.42 in Monroe.
- Utility expenses are equal in both Oakley and Monroe averaging $250.