Cost of Living: Woodward, OK vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Woodward | Monterey |
|---|---|---|
| Housing Index | 80.0 | 160.3 |
| Median Home Price | $190,000 | $1,135,000 |
| Average Rent (2 BR Apartment) | $1200 | $3000 |
| Average Rent (2 BR House) | $1280 | $3060 |
Housing Comparison: Woodward vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $190,000 in Woodward.
- In Monterey, the rental for a two-bedroom apartment stands at $3,000, while it is $1,200 in Woodward.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Woodward | Monterey |
|---|---|---|
| Electricity Price | $12.37 | $32.99 |
| Natural Gas Price | $20.27 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Woodward vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $12.37 in Woodward.
- Natural gas is more expensive in Woodward at $20.27 per unit, while it is cheaper at $16.99 in Monterey.
- Utility expenses are equal in both Woodward and Monterey averaging $250.