Cost of Living: Albert lea, MN vs Parnell, MO

Housing

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

Metric Albert lea Parnell
Housing Index 90.0 Data is updating
Median Home Price $225,000 $Data is updating
Average Rent (2 BR Apartment) $1050 $Data is updating
Average Rent (2 BR House) $1200 $Data is updating

Housing Comparison: Albert lea vs Parnell

  • In Albert lea, the median home price is higher at $225,000, while in Parnell it is $0.
  • The rent for a two-bedroom apartment is equal in both Albert lea and Parnell 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 Parnell
Electricity Price $16.38 $14.64
Natural Gas Price $14.87 $23.25
Other Utilities $250 $Data is updating

Utilities Comparison: Albert lea vs Parnell

  • Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $14.64 in Parnell.
  • Parnell experiences higher natural gas costs at $23.25 per unit, with costs at $14.87 in Albert lea.
  • Utility expenses are equal in both Albert lea and Parnell averaging $250.