Cost of Living: Albert lea, MN vs Morristown, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albert lea | Morristown |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $225,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1050 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Albert lea vs Morristown
- In Albert lea, the median home price is higher at $225,000, while in Morristown it is $150,000.
- The rent for a two-bedroom apartment is equal in both Albert lea and Morristown at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albert lea | Morristown |
|---|---|---|
| Electricity Price | $16.38 | $14.89 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Albert lea vs Morristown
- Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $14.89 in Morristown.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Albert lea and Morristown averaging $250.