Cost of Living: Suffolk, VA vs Monroe, NY

Housing

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

Metric Suffolk Monroe
Housing Index 90.0 115.0
Median Home Price $323,900 $400,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1600

Housing Comparison: Suffolk vs Monroe

  • The median home price in Monroe is higher at $400,000, compared to $323,900 in Suffolk.
  • In Monroe, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Suffolk.

Utilities

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

Metric Suffolk Monroe
Electricity Price $15.31 $26.08
Natural Gas Price $19.91 $18.13
Other Utilities $250 $250

Utilities Comparison: Suffolk vs Monroe

  • Monroe has higher electricity costs at $26.08 per kWh, versus $15.31 in Suffolk.
  • Natural gas is more expensive in Suffolk at $19.91 per unit, while it is cheaper at $18.13 in Monroe.
  • Utility expenses are equal in both Suffolk and Monroe averaging $250.