Cost of Living: Cedar grove, WV vs Minneapolis, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar grove | Minneapolis |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $150,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1040 | $1800 |
| Average Rent (2 BR House) | $1080 | $1840 |
Housing Comparison: Cedar grove vs Minneapolis
- The median home price in Minneapolis is higher at $305,000, compared to $150,000 in Cedar grove.
- In Minneapolis, the rental for a two-bedroom apartment stands at $1,800, while it is $1,040 in Cedar grove.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cedar grove | Minneapolis |
|---|---|---|
| Electricity Price | $15.48 | $16.38 |
| Natural Gas Price | $23.05 | $14.87 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Cedar grove vs Minneapolis
- Minneapolis has higher electricity costs at $16.38 per kWh, versus $15.48 in Cedar grove.
- Natural gas is more expensive in Cedar grove at $23.05 per unit, while it is cheaper at $14.87 in Minneapolis.
- Minneapolis has higher utility expenses, averaging $250, while Cedar grove averages $220.