Cost of Living: Eldon, MO vs Red wing, MN

Housing

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

Metric Eldon Red wing
Housing Index 90.5 90.0
Median Home Price $185,000 $275,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1280

Housing Comparison: Eldon vs Red wing

  • The median home price in Red wing is higher at $275,000, compared to $185,000 in Eldon.
  • The rent for a two-bedroom apartment is equal in both Eldon and Red wing at $1,200.

Utilities

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

Metric Eldon Red wing
Electricity Price $14.64 $16.38
Natural Gas Price $23.25 $14.87
Other Utilities $250 $200

Utilities Comparison: Eldon vs Red wing

  • Red wing has higher electricity costs at $16.38 per kWh, versus $14.64 in Eldon.
  • Natural gas is more expensive in Eldon at $23.25 per unit, while it is cheaper at $14.87 in Red wing.
  • Other utility costs are higher in Eldon at an average of $250, compared to Red wing with $200.