Cost of Living in Woodstock, MN
Housing
The housing market plays a significant role in determining the cost of living in Woodstock, MN.
- Housing Index: Data is updating
- Median Home Price is: $208,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data provided for Woodstock, MN, the housing index stands at an astonishing 0.0, indicating a highly favorable market for buyers. With a median home price of 208000, homeownership could be an excellent long-term investment, especially considering that there are no listed rental costs for a 2-bedroom apartment or house at present. This suggests that housing availability might be limited, further increasing the demand for home purchases. Buyers should act promptly to capitalize on this potential opportunity before market conditions change.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Woodstock, 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 Woodstock, 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 Woodstock is a financially viable option for your relocation.