Cost of Living: Brainerd, MN vs Altoona, IA

Housing

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

Metric Brainerd Altoona
Housing Index 85.0 90.0
Median Home Price $270,000 $218,000
Average Rent (2 BR Apartment) $1150 $1200
Average Rent (2 BR House) $1200 $1280

Housing Comparison: Brainerd vs Altoona

  • In Brainerd, the median home price is higher at $270,000, while in Altoona it is $218,000.
  • In Altoona, the rental for a two-bedroom apartment stands at $1,200, while it is $1,150 in Brainerd.

Utilities

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

Metric Brainerd Altoona
Electricity Price $16.38 $14.82
Natural Gas Price $14.87 $15.61
Other Utilities $200 $250

Utilities Comparison: Brainerd vs Altoona

  • Electricity costs are higher in Brainerd at $16.38 per kWh, compared to $14.82 in Altoona.
  • Altoona experiences higher natural gas costs at $15.61 per unit, with costs at $14.87 in Brainerd.
  • Altoona has higher utility expenses, averaging $250, while Brainerd averages $200.