Cost of Living: Canton, MS vs Monterey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Canton | Monterey |
|---|---|---|
| Housing Index | 86 | 160.3 |
| Median Home Price | $204,000 | $1,135,000 |
| Average Rent (2 BR Apartment) | $1309 | $2574 |
| Average Rent (2 BR House) | $1423 | $2797 |
Housing Comparison: Canton vs Monterey
- The median home price in Monterey is higher at $1,135,000, compared to $204,000 in Canton.
- In Monterey, the rental for a two-bedroom apartment stands at $2,574, while it is $1,309 in Canton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Canton | Monterey |
|---|---|---|
| Electricity Price | $13.42 | $32.99 |
| Natural Gas Price | $22.19 | $16.99 |
| Other Utilities | $207 | $250 |
Utilities Comparison: Canton vs Monterey
- Monterey has higher electricity costs at $32.99 per kWh, versus $13.42 in Canton.
- Natural gas is more expensive in Canton at $22.19 per unit, while it is cheaper at $16.99 in Monterey.
- Monterey has higher utility expenses, averaging $250, while Canton averages $207.