Cost of Living: Iowa city, IA vs Northfield, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Iowa city | Northfield |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $305,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1350 | $1400 |
| Average Rent (2 BR House) | $1393 | $1365.6 |
Housing Comparison: Iowa city vs Northfield
- The median home price in Northfield is higher at $350,000, compared to $305,000 in Iowa city.
- In Northfield, the rental for a two-bedroom apartment stands at $1,400, while it is $1,350 in Iowa city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Iowa city | Northfield |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $250 | $240 |
Utilities Comparison: Iowa city vs Northfield
- Northfield has higher electricity costs at $16.38 per kWh, versus $14.82 in Iowa city.
- Natural gas is more expensive in Iowa city at $15.61 per unit, while it is cheaper at $14.87 in Northfield.
- Other utility costs are higher in Iowa city at an average of $250, compared to Northfield with $240.