Cost of Living: Springboro, OH vs Monroe, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springboro | Monroe |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $252,000 | $400,000 |
| Average Rent (2 BR Apartment) | $1450 | $1800 |
| Average Rent (2 BR House) | $1500 | $1600 |
Housing Comparison: Springboro vs Monroe
- The median home price in Monroe is higher at $400,000, compared to $252,000 in Springboro.
- In Monroe, the rental for a two-bedroom apartment stands at $1,800, while it is $1,450 in Springboro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springboro | Monroe |
|---|---|---|
| Electricity Price | $15.92 | $26.08 |
| Natural Gas Price | $Data is updating | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Springboro vs Monroe
- Monroe has higher electricity costs at $26.08 per kWh, versus $15.92 in Springboro.
- Natural gas price data is currently unavailable.
- Monroe has higher utility expenses, averaging $250, while Springboro averages $200.