Cost of Living: West palm beach, FL vs Monroe, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | West palm beach | Monroe |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $365,000 | $292,000 |
| Average Rent (2 BR Apartment) | $2400 | $1300 |
| Average Rent (2 BR House) | $2560 | $1365 |
Housing Comparison: West palm beach vs Monroe
- In West palm beach, the median home price is higher at $365,000, while in Monroe it is $292,000.
- Renting a two-bedroom apartment costs more in West palm beach at $2,400 than in Monroe at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | West palm beach | Monroe |
|---|---|---|
| Electricity Price | $13.89 | $13.72 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $280 | $250 |
Utilities Comparison: West palm beach vs Monroe
- Electricity costs are higher in West palm beach at $13.89 per kWh, compared to $13.72 in Monroe.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in West palm beach at an average of $280, compared to Monroe with $250.