Cost of Living: Madison, MO vs Minneapolis, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madison | Minneapolis |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $172,000 | $305,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Madison vs Minneapolis
- The median home price in Minneapolis is higher at $305,000, compared to $172,000 in Madison.
- The rent for a two-bedroom apartment is equal in both Madison and Minneapolis at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madison | Minneapolis |
|---|---|---|
| Electricity Price | $14.64 | $16.38 |
| Natural Gas Price | $23.25 | $14.87 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Madison vs Minneapolis
- Minneapolis has higher electricity costs at $16.38 per kWh, versus $14.64 in Madison.
- Natural gas is more expensive in Madison at $23.25 per unit, while it is cheaper at $14.87 in Minneapolis.
- Utility expenses are equal in both Madison and Minneapolis averaging $0.0.