Cost of Living: Minden, NV vs Owatonna, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minden | Owatonna |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $545,000 | $269,000 |
| Average Rent (2 BR Apartment) | $2100 | $1200 |
| Average Rent (2 BR House) | $2240 | $1280 |
Housing Comparison: Minden vs Owatonna
- In Minden, the median home price is higher at $545,000, while in Owatonna it is $269,000.
- Renting a two-bedroom apartment costs more in Minden at $2,100 than in Owatonna at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Minden | Owatonna |
|---|---|---|
| Electricity Price | $15.5 | $16.38 |
| Natural Gas Price | $20.66 | $14.87 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Minden vs Owatonna
- Owatonna has higher electricity costs at $16.38 per kWh, versus $15.5 in Minden.
- Natural gas is more expensive in Minden at $20.66 per unit, while it is cheaper at $14.87 in Owatonna.
- Other utility costs are higher in Minden at an average of $275, compared to Owatonna with $250.