Cost of Living: Oakley, CA vs Monterey, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oakley | Monterey |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $558,000 | $202,500 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2450 | $1246 |
Housing Comparison: Oakley vs Monterey
- In Oakley, the median home price is higher at $558,000, while in Monterey it is $202,500.
- Renting a two-bedroom apartment costs more in Oakley at $2,400 than in Monterey at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oakley | Monterey |
|---|---|---|
| Electricity Price | $32.99 | $15.31 |
| Natural Gas Price | $16.99 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oakley vs Monterey
- Electricity costs are higher in Oakley at $32.99 per kWh, compared to $15.31 in Monterey.
- Monterey experiences higher natural gas costs at $19.91 per unit, with costs at $16.99 in Oakley.
- Utility expenses are equal in both Oakley and Monterey averaging $250.