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.