Cost of Living: Monterey, CA vs Iuka, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monterey | Iuka |
|---|---|---|
| Housing Index | 160.3 | 86 |
| Median Home Price | $1,135,000 | $115,000 |
| Average Rent (2 BR Apartment) | $2574 | $1309 |
| Average Rent (2 BR House) | $2797 | $1423 |
Housing Comparison: Monterey vs Iuka
- In Monterey, the median home price is higher at $1,135,000, while in Iuka it is $115,000.
- Renting a two-bedroom apartment costs more in Monterey at $2,574 than in Iuka at $1,309.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monterey | Iuka |
|---|---|---|
| Electricity Price | $32.99 | $13.42 |
| Natural Gas Price | $16.99 | $22.19 |
| Other Utilities | $250 | $207 |
Utilities Comparison: Monterey vs Iuka
- Electricity costs are higher in Monterey at $32.99 per kWh, compared to $13.42 in Iuka.
- Iuka experiences higher natural gas costs at $22.19 per unit, with costs at $16.99 in Monterey.
- Other utility costs are higher in Monterey at an average of $250, compared to Iuka with $207.