Cost of Living: Minneapolis, MN vs Monroeville, AL

Housing

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

Metric Minneapolis Monroeville
Housing Index 120.0 85.0
Median Home Price $305,000 $146,000
Average Rent (2 BR Apartment) $1800 $800
Average Rent (2 BR House) $1840 $840

Housing Comparison: Minneapolis vs Monroeville

  • In Minneapolis, the median home price is higher at $305,000, while in Monroeville it is $146,000.
  • In Monroeville, the rental for a two-bedroom apartment stands at $800, 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 Monroeville
Electricity Price $16.38 $15.03
Natural Gas Price $14.87 $21.76
Other Utilities $250 $200

Utilities Comparison: Minneapolis vs Monroeville

  • Electricity costs are higher in Minneapolis at $16.38 per kWh, compared to $15.03 in Monroeville.
  • Monroeville experiences higher natural gas costs at $21.76 per unit, with costs at $14.87 in Minneapolis.
  • Other utility costs are higher in Minneapolis at an average of $250, compared to Monroeville with $200.