Cost of Living in Aitkin, MN
Housing
The housing market plays a significant role in determining the cost of living in Aitkin, MN.
- Housing Index: 85.0 / 100
- Median Home Price is: $224,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering moving to Aitkin, MN? The housing index of 85.0 indicates that it's a relatively affordable market. With a median home price of 224000, purchasing a home here may be an attractive option for buyers. Additionally, the average rent for a 2-bedroom apartment is 1200 and for a house is 1360, suggesting that renting is also viable for those not ready to commit to purchasing. Bear in mind, factors such as local amenities and job opportunities should also influence your decision. Explore what this locale has to offer!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aitkin, MN.
- Electricity Price: $16.38 USD (median by state)
- Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $150 per month
Living in Aitkin, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $150 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Aitkin is a financially viable option for your relocation.