Cost of Living: Loves park, IL vs Kasson, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Loves park | Kasson |
|---|---|---|
| Housing Index | 80.0 | 90.0 |
| Median Home Price | $213,000 | $267,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1600 | $1600 |
Housing Comparison: Loves park vs Kasson
- The median home price in Kasson is higher at $267,000, compared to $213,000 in Loves park.
- In Kasson, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Loves park.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Loves park | Kasson |
|---|---|---|
| Electricity Price | $16.15 | $16.38 |
| Natural Gas Price | $16.59 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Loves park vs Kasson
- Kasson has higher electricity costs at $16.38 per kWh, versus $16.15 in Loves park.
- Natural gas is more expensive in Loves park at $16.59 per unit, while it is cheaper at $14.87 in Kasson.
- Utility expenses are equal in both Loves park and Kasson averaging $250.