Cost of Living: Sparks, NV vs Monterey park, CA

Housing

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

Metric Sparks Monterey park
Housing Index 105.0 140.0
Median Home Price $475,000 $837,000
Average Rent (2 BR Apartment) $1600 $2800
Average Rent (2 BR House) $1628 $2880

Housing Comparison: Sparks vs Monterey park

  • The median home price in Monterey park is higher at $837,000, compared to $475,000 in Sparks.
  • In Monterey park, the rental for a two-bedroom apartment stands at $2,800, while it is $1,600 in Sparks.

Utilities

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

Metric Sparks Monterey park
Electricity Price $15.5 $32.99
Natural Gas Price $20.66 $16.99
Other Utilities $250 $250

Utilities Comparison: Sparks vs Monterey park

  • Monterey park has higher electricity costs at $32.99 per kWh, versus $15.5 in Sparks.
  • Natural gas is more expensive in Sparks at $20.66 per unit, while it is cheaper at $16.99 in Monterey park.
  • Utility expenses are equal in both Sparks and Monterey park averaging $250.