Cost of Living in Spring park, MN
Housing
The housing market plays a significant role in determining the cost of living in Spring park, MN.
- Housing Index: Data is updating
- Median Home Price is: $297,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Spring park, MN, it’s important to note the housing index is currently at 0.0, indicating a potentially overpriced market or poor availability. The median home price of 297000 suggests a moderate entry point for buyers, while the absent rental figures—0.0 for apartments and 0.0 for houses—underscore the need for further analysis of the rental market. Researching local employment opportunities and amenities will complement this housing data to reach an informed decision about moving to this location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Spring park, 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 Spring park, 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 Spring park is a financially viable option for your relocation.