Cost of Living: Somersworth, NH vs Monterey, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Somersworth | Monterey |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $303,000 | $202,500 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1246 |
Housing Comparison: Somersworth vs Monterey
- In Somersworth, the median home price is higher at $303,000, while in Monterey it is $202,500.
- Renting a two-bedroom apartment costs more in Somersworth at $1,800 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 | Somersworth | Monterey |
|---|---|---|
| Electricity Price | $22.44 | $15.31 |
| Natural Gas Price | $17.58 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Somersworth vs Monterey
- Electricity costs are higher in Somersworth at $22.44 per kWh, compared to $15.31 in Monterey.
- Monterey experiences higher natural gas costs at $19.91 per unit, with costs at $17.58 in Somersworth.
- Utility expenses are equal in both Somersworth and Monterey averaging $250.