Cost of Living in Deer creek, MN
Housing
The housing market plays a significant role in determining the cost of living in Deer creek, MN.
- Housing Index: Data is updating
- Median Home Price is: $162,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Deer creek, MN, it's essential to analyze the housing metrics provided. While the housing index is represented as zero, it may indicate an emerging market or recent data availability issues. Notably, the median home price stands at 162000, which suggests a potentially affordable entry point for homebuyers. However, with the current average rents for a 2-bedroom apartment and house also reported at zero, it's crucial to research local rental dynamics. This information could impact your decision as you weigh home ownership against renting options in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Deer creek, 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 Deer creek, 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 Deer creek is a financially viable option for your relocation.