Cost of Living: Princeton, IL vs Monterey park, CA

Housing

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

Metric Princeton Monterey park
Housing Index 90.0 140.0
Median Home Price $100,000 $837,000
Average Rent (2 BR Apartment) $1080 $2800
Average Rent (2 BR House) $1024 $2880

Housing Comparison: Princeton vs Monterey park

  • The median home price in Monterey park is higher at $837,000, compared to $100,000 in Princeton.
  • In Monterey park, the rental for a two-bedroom apartment stands at $2,800, while it is $1,080 in Princeton.

Utilities

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

Metric Princeton Monterey park
Electricity Price $16.15 $32.99
Natural Gas Price $16.59 $16.99
Other Utilities $200 $250

Utilities Comparison: Princeton vs Monterey park

  • Monterey park has higher electricity costs at $32.99 per kWh, versus $16.15 in Princeton.
  • Monterey park experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Princeton.
  • Monterey park has higher utility expenses, averaging $250, while Princeton averages $200.