Cost of Living: Central city, NE vs Richville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central city | Richville |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $220,000 | $185,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $850 | $Data is updating |
Housing Comparison: Central city vs Richville
- In Central city, the median home price is higher at $220,000, while in Richville it is $185,000.
- The rent for a two-bedroom apartment is equal in both Central city and Richville at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central city | Richville |
|---|---|---|
| Electricity Price | $12.92 | $16.38 |
| Natural Gas Price | $13.89 | $14.87 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Central city vs Richville
- Richville has higher electricity costs at $16.38 per kWh, versus $12.92 in Central city.
- Richville experiences higher natural gas costs at $14.87 per unit, with costs at $13.89 in Central city.
- Utility expenses are equal in both Central city and Richville averaging $200.