Cost of Living: Minneapolis, MN vs Laurelville, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minneapolis | Laurelville |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $305,000 | $144,000 |
| Average Rent (2 BR Apartment) | $1800 | $960 |
| Average Rent (2 BR House) | $1840 | $850 |
Housing Comparison: Minneapolis vs Laurelville
- In Minneapolis, the median home price is higher at $305,000, while in Laurelville it is $144,000.
- In Laurelville, the rental for a two-bedroom apartment stands at $960, while it is $1,800 in Minneapolis.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Minneapolis | Laurelville |
|---|---|---|
| Electricity Price | $16.38 | $15.92 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Minneapolis vs Laurelville
- Electricity costs are higher in Minneapolis at $16.38 per kWh, compared to $15.92 in Laurelville.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Minneapolis at an average of $250, compared to Laurelville with $150.