Cost of Living: Northfield, MN vs Bozeman, MT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Northfield Bozeman
Housing Index 90.0 105.0
Median Home Price $350,000 $411,000
Average Rent (2 BR Apartment) $1400 $1600
Average Rent (2 BR House) $1365.6 $1645

Housing Comparison: Northfield vs Bozeman

  • The median home price in Bozeman is higher at $411,000, compared to $350,000 in Northfield.
  • In Bozeman, the rental for a two-bedroom apartment stands at $1,600, while it is $1,400 in Northfield.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Northfield Bozeman
Electricity Price $16.38 $13.58
Natural Gas Price $14.87 $8.31
Other Utilities $240 $220

Utilities Comparison: Northfield vs Bozeman

  • Electricity costs are higher in Northfield at $16.38 per kWh, compared to $13.58 in Bozeman.
  • Bozeman experiences higher natural gas costs at $8.31 per unit, with costs at $14.87 in Northfield.
  • Other utility costs are higher in Northfield at an average of $240, compared to Bozeman with $220.