Cost of Living: Vernon, TX vs Monroe, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vernon | Monroe |
|---|---|---|
| Housing Index | 95.4 | 115.0 |
| Median Home Price | $Data is updating | $292,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1365 | $1365 |
Housing Comparison: Vernon vs Monroe
- The median home price in Monroe is higher at $292,000, compared to $0 in Vernon.
- In Monroe, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Vernon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vernon | Monroe |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $210 | $250 |
Utilities Comparison: Vernon vs Monroe
- Electricity costs are higher in Vernon at $14.47 per kWh, compared to $13.72 in Monroe.
- Natural gas price data is currently unavailable.
- Monroe has higher utility expenses, averaging $250, while Vernon averages $210.