Cost of Living: Mcminnville, OR vs Faribault, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mcminnville | Faribault |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $418,000 | $226,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Mcminnville vs Faribault
- In Mcminnville, the median home price is higher at $418,000, while in Faribault it is $226,000.
- The rent for a two-bedroom apartment is equal in both Mcminnville and Faribault at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mcminnville | Faribault |
|---|---|---|
| Electricity Price | $15.12 | $16.38 |
| Natural Gas Price | $16.5 | $14.87 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Mcminnville vs Faribault
- Faribault has higher electricity costs at $16.38 per kWh, versus $15.12 in Mcminnville.
- Natural gas is more expensive in Mcminnville at $16.5 per unit, while it is cheaper at $14.87 in Faribault.
- Utility expenses are equal in both Mcminnville and Faribault averaging $0.0.