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.