Cost of Living in Ceylon, MN
Housing
The housing market plays a significant role in determining the cost of living in Ceylon, MN.
- Housing Index: 85.0 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
When considering a move to Ceylon, MN, the housing index of 85.0 suggests affordability compared to national averages. With a median home price of 155000, purchasing a home here may be more accessible for many buyers. The average rent for a 2-bedroom apartment stands at 1200, while a 2-bedroom house averages 1280. This pricing can cater to varying budgets, especially given that urban living tends to carry higher rental costs. Additionally, consider local amenities, schools, and employment opportunities to maximize your investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ceylon, 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.): $200 per month
Living in Ceylon, 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 $200 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 Ceylon is a financially viable option for your relocation.