Cost of Living in Brewster, MN
Housing
The housing market plays a significant role in determining the cost of living in Brewster, MN.
- Housing Index: 120.0 / 100
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Based on the provided data for Brewster, MN, the housing index of 120.0 suggests that housing costs are higher than average. The median home price of 175000 indicates a significant investment; however, the average rent for a 2-bedroom apartment at 1200 and a 2-bedroom house at 1280 offers more flexibility for renters. It's crucial to consider employment opportunities and local amenities in your decision-making process, as well as the potential for home value appreciation, which tends to rise in higher-index areas over time.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brewster, 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.): $250 per month
Living in Brewster, 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 $250 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 Brewster is a financially viable option for your relocation.