Cost of Living: Edmonds, WA vs Minneapolis, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Edmonds | Minneapolis |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $640,000 | $305,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1840 |
Housing Comparison: Edmonds vs Minneapolis
- In Edmonds, the median home price is higher at $640,000, while in Minneapolis it is $305,000.
- Renting a two-bedroom apartment costs more in Edmonds at $2,200 than in Minneapolis at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Edmonds | Minneapolis |
|---|---|---|
| Electricity Price | $12.34 | $16.38 |
| Natural Gas Price | $18.14 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Edmonds vs Minneapolis
- Minneapolis has higher electricity costs at $16.38 per kWh, versus $12.34 in Edmonds.
- Natural gas is more expensive in Edmonds at $18.14 per unit, while it is cheaper at $14.87 in Minneapolis.
- Utility expenses are equal in both Edmonds and Minneapolis averaging $250.