Cost of Living: Minneapolis, MN vs Garrison, KY

Housing

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

Metric Minneapolis Garrison
Housing Index 120.0 Data is updating
Median Home Price $305,000 $100,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Minneapolis vs Garrison

  • In Minneapolis, the median home price is higher at $305,000, while in Garrison it is $100,000.
  • The rent for a two-bedroom apartment is equal in both Minneapolis and Garrison 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 Garrison
Electricity Price $16.38 $12.87
Natural Gas Price $14.87 $22.78
Other Utilities $250 $Data is updating

Utilities Comparison: Minneapolis vs Garrison

  • Electricity costs are higher in Minneapolis at $16.38 per kWh, compared to $12.87 in Garrison.
  • Garrison experiences higher natural gas costs at $22.78 per unit, with costs at $14.87 in Minneapolis.
  • Utility expenses are equal in both Minneapolis and Garrison averaging $250.