Cost of Living: Albert lea, MN vs Polaris, MT

Housing

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

Metric Albert lea Polaris
Housing Index 90.0 Data is updating
Median Home Price $225,000 $200,000
Average Rent (2 BR Apartment) $1050 $Data is updating
Average Rent (2 BR House) $1200 $Data is updating

Housing Comparison: Albert lea vs Polaris

  • In Albert lea, the median home price is higher at $225,000, while in Polaris it is $200,000.
  • The rent for a two-bedroom apartment is equal in both Albert lea and Polaris 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 Polaris
Electricity Price $16.38 $13.58
Natural Gas Price $14.87 $8.31
Other Utilities $250 $Data is updating

Utilities Comparison: Albert lea vs Polaris

  • Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $13.58 in Polaris.
  • Polaris experiences higher natural gas costs at $8.31 per unit, with costs at $14.87 in Albert lea.
  • Utility expenses are equal in both Albert lea and Polaris averaging $250.