Cost of Living: South bend, IN vs Monroe, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South bend | Monroe |
|---|---|---|
| Housing Index | 80.0 | 115.0 |
| Median Home Price | $181,000 | $292,000 |
| Average Rent (2 BR Apartment) | $950 | $1300 |
| Average Rent (2 BR House) | $1000 | $1365 |
Housing Comparison: South bend vs Monroe
- The median home price in Monroe is higher at $292,000, compared to $181,000 in South bend.
- Renting a two-bedroom apartment costs more in South bend at $950 than in Monroe at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | South bend | Monroe |
|---|---|---|
| Electricity Price | $14.89 | $13.72 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: South bend vs Monroe
- Electricity costs are higher in South bend at $14.89 per kWh, compared to $13.72 in Monroe.
- Natural gas price data is currently unavailable.
- Monroe has higher utility expenses, averaging $250, while South bend averages $200.