Cost of Living: Minneapolis, MN vs Sandy, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minneapolis | Sandy |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $305,000 | $452,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1920 |
Housing Comparison: Minneapolis vs Sandy
- The median home price in Sandy is higher at $452,000, compared to $305,000 in Minneapolis.
- The rent for a two-bedroom apartment is equal in both Minneapolis and Sandy at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Minneapolis | Sandy |
|---|---|---|
| Electricity Price | $16.38 | $11.5 |
| Natural Gas Price | $14.87 | $14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Minneapolis vs Sandy
- Electricity costs are higher in Minneapolis at $16.38 per kWh, compared to $11.5 in Sandy.
- Natural gas is more expensive in Minneapolis at $14.87 per unit, while it is cheaper at $14 in Sandy.
- Utility expenses are equal in both Minneapolis and Sandy averaging $250.