Cost of Living: Algonac, MI vs Red wing, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Algonac | Red wing |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $175,000 | $275,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Algonac vs Red wing
- The median home price in Red wing is higher at $275,000, compared to $175,000 in Algonac.
- The rent for a two-bedroom apartment is equal in both Algonac and Red wing at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Algonac | Red wing |
|---|---|---|
| Electricity Price | $19.88 | $16.38 |
| Natural Gas Price | $15.42 | $14.87 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Algonac vs Red wing
- Electricity costs are higher in Algonac at $19.88 per kWh, compared to $16.38 in Red wing.
- Natural gas is more expensive in Algonac at $15.42 per unit, while it is cheaper at $14.87 in Red wing.
- Utility expenses are equal in both Algonac and Red wing averaging $0.0.