Cost of Living in Aldrich, MN
Housing
The housing market plays a significant role in determining the cost of living in Aldrich, MN.
- Housing Index: Data is updating
- Median Home Price is: $365,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the real estate data for Aldrich, MN, the 0.0 indicates a potentially stagnant market with a housing index of 0.0, while the median home price stands at 365000. However, lacking rental data, such as the average rent for a 2-bedroom apartment at 0.0 and a 2-bedroom house at 0.0, makes it challenging to assess demand. Potential buyers may find homes more accessible due to low rental options, which can indicate higher purchase opportunities. Consider long-term trends and local market movements when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aldrich, 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.): Data is updating
Living in Aldrich, 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 data unavailable 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 Aldrich is a financially viable option for your relocation.