Cost of Living: Smithtown, NY vs Monterey, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Smithtown | Monterey |
|---|---|---|
| Housing Index | 140.0 | 95.0 |
| Median Home Price | $554,000 | $202,500 |
| Average Rent (2 BR Apartment) | $2600 | $1200 |
| Average Rent (2 BR House) | $2800 | $1246 |
Housing Comparison: Smithtown vs Monterey
- In Smithtown, the median home price is higher at $554,000, while in Monterey it is $202,500.
- Renting a two-bedroom apartment costs more in Smithtown at $2,600 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 | Smithtown | Monterey |
|---|---|---|
| Electricity Price | $26.08 | $15.31 |
| Natural Gas Price | $18.13 | $19.91 |
| Other Utilities | $320 | $250 |
Utilities Comparison: Smithtown vs Monterey
- Electricity costs are higher in Smithtown at $26.08 per kWh, compared to $15.31 in Monterey.
- Monterey experiences higher natural gas costs at $19.91 per unit, with costs at $18.13 in Smithtown.
- Other utility costs are higher in Smithtown at an average of $320, compared to Monterey with $250.