Cost of Living: Minneapolis, MN vs Addison, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minneapolis | Addison |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $305,000 | $199,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Minneapolis vs Addison
- In Minneapolis, the median home price is higher at $305,000, while in Addison it is $199,000.
- The rent for a two-bedroom apartment is equal in both Minneapolis and Addison at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Minneapolis | Addison |
|---|---|---|
| Electricity Price | $16.38 | $15.03 |
| Natural Gas Price | $14.87 | $21.76 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Minneapolis vs Addison
- Electricity costs are higher in Minneapolis at $16.38 per kWh, compared to $15.03 in Addison.
- Addison experiences higher natural gas costs at $21.76 per unit, with costs at $14.87 in Minneapolis.
- Utility expenses are equal in both Minneapolis and Addison averaging $250.