Cost of Living: Albert lea, MN vs Fort collins, CO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Albert lea Fort collins
Housing Index 90.0 110.5
Median Home Price $225,000 $428,000
Average Rent (2 BR Apartment) $1050 $1800
Average Rent (2 BR House) $1200 $1920

Housing Comparison: Albert lea vs Fort collins

  • The median home price in Fort collins is higher at $428,000, compared to $225,000 in Albert lea.
  • In Fort collins, the rental for a two-bedroom apartment stands at $1,800, while it is $1,050 in Albert lea.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Albert lea Fort collins
Electricity Price $16.38 $15.21
Natural Gas Price $14.87 $11.3
Other Utilities $250 $200

Utilities Comparison: Albert lea vs Fort collins

  • Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $15.21 in Fort collins.
  • Natural gas is more expensive in Albert lea at $14.87 per unit, while it is cheaper at $11.3 in Fort collins.
  • Other utility costs are higher in Albert lea at an average of $250, compared to Fort collins with $200.