Cost of Living: Hampton, GA vs Minneapolis, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hampton | Minneapolis |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $298,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1450 | $1840 |
Housing Comparison: Hampton vs Minneapolis
- The median home price in Minneapolis is higher at $305,000, compared to $298,000 in Hampton.
- In Minneapolis, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in Hampton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hampton | Minneapolis |
|---|---|---|
| Electricity Price | $15.53 | $16.38 |
| Natural Gas Price | $27.53 | $14.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hampton vs Minneapolis
- Minneapolis has higher electricity costs at $16.38 per kWh, versus $15.53 in Hampton.
- Natural gas is more expensive in Hampton at $27.53 per unit, while it is cheaper at $14.87 in Minneapolis.
- Minneapolis has higher utility expenses, averaging $250, while Hampton averages $200.