Cost of Living: Jefferson city, MO vs Albert lea, MN

Housing

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

Metric Jefferson city Albert lea
Housing Index 85.0 90.0
Median Home Price $215,000 $225,000
Average Rent (2 BR Apartment) $1200 $1050
Average Rent (2 BR House) $1360 $1200

Housing Comparison: Jefferson city vs Albert lea

  • The median home price in Albert lea is higher at $225,000, compared to $215,000 in Jefferson city.
  • Renting a two-bedroom apartment costs more in Jefferson city at $1,200 than in Albert lea at $1,050.

Utilities

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

Metric Jefferson city Albert lea
Electricity Price $14.64 $16.38
Natural Gas Price $23.25 $14.87
Other Utilities $240 $250

Utilities Comparison: Jefferson city vs Albert lea

  • Albert lea has higher electricity costs at $16.38 per kWh, versus $14.64 in Jefferson city.
  • Natural gas is more expensive in Jefferson city at $23.25 per unit, while it is cheaper at $14.87 in Albert lea.
  • Albert lea has higher utility expenses, averaging $250, while Jefferson city averages $240.