Cost of Living in Grove city, MN
Housing
The housing market plays a significant role in determining the cost of living in Grove city, MN.
- Housing Index: 95.0 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
Considering moving to Grove city, MN? With a housing index of 95.0, the affordability of living here seems promising. The median home price stands at 250000, which is attractive compared to higher averages in surrounding cities. Additionally, rental options reach approximately 1200 for a 2BR apartment and 1300 for a 2BR house, affording flexibility for newcomers. These figures suggest that, overall, your housing budget can significantly stretch in this area. Keep in mind, however, factors like local amenities, job market, and future growth potential can impact your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grove city, 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 Grove city, 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 Grove city is a financially viable option for your relocation.