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.