Cost of Living in Fosston, MN
Housing
The housing market plays a significant role in determining the cost of living in Fosston, MN.
- Housing Index: Data is updating
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Fosston, MN, it's clear that the housing market reveals some notable advantages. With a median home price of 169000, potential homeowners can find affordable opportunities for ownership. However, the housing index of 0.0 suggests there might be limited rental options available, which could be pivotal for those preferring to lease. If current rent estimates for 2-bedroom apartments and houses stand at 0.0 and 0.0, respectively, it may be worthwhile to explore the benefits of buying rather than renting in this market environment. Consider these factors in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fosston, 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 Fosston, 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 Fosston is a financially viable option for your relocation.