Cost of Living in Georgetown, MN
Housing
The housing market plays a significant role in determining the cost of living in Georgetown, MN.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Georgetown, MN, the current data suggests a housing index of 0.0, which indicates a very favorable environment for homebuyers. With a median home price of 200000, this location could be an attractive option for first-time homebuyers or those looking to invest. However, there's an absence of rental data, as both average rent for a 2BR apartment and house are reported at 0.0 and 0.0 respectively. Researching local amenities, schools, and community aspects will further aid 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 Georgetown, 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 Georgetown, 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 Georgetown is a financially viable option for your relocation.