Cost of Living: Minneapolis, MN vs Rosemead, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minneapolis | Rosemead |
|---|---|---|
| Housing Index | 120.0 | 140.5 |
| Median Home Price | $305,000 | $670,000 |
| Average Rent (2 BR Apartment) | $1800 | $2400 |
| Average Rent (2 BR House) | $1840 | $2456 |
Housing Comparison: Minneapolis vs Rosemead
- The median home price in Rosemead is higher at $670,000, compared to $305,000 in Minneapolis.
- In Rosemead, the rental for a two-bedroom apartment stands at $2,400, 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 | Rosemead |
|---|---|---|
| Electricity Price | $16.38 | $32.99 |
| Natural Gas Price | $14.87 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Minneapolis vs Rosemead
- Rosemead has higher electricity costs at $32.99 per kWh, versus $16.38 in Minneapolis.
- Rosemead experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Minneapolis.
- Utility expenses are equal in both Minneapolis and Rosemead averaging $250.