Cost of Living in Braham, MN
Housing
The housing market plays a significant role in determining the cost of living in Braham, MN.
- Housing Index: 90.0 / 100
- Median Home Price is: $239,900
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
Considering a move to Braham, MN? With a housing index of 90.0, affordability is competitive compared to the national average. The median home price stands at 239900, which is reasonable for first-time buyers or those relocating. Renters might find decent options, with average rent for a 2-bedroom apartment at 1200 and a 2-bedroom house at 1300. It reflects a balanced market, suitable for both families and professionals. Keep in mind, economic factors and local employers can further influence your decision to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Braham, 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 Braham, 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 Braham is a financially viable option for your relocation.