Cost of Living: Minneapolis, MN vs West new york, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minneapolis | West new york |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $305,000 | $475,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Minneapolis vs West new york
- The median home price in West new york is higher at $475,000, compared to $305,000 in Minneapolis.
- The rent for a two-bedroom apartment is equal in both Minneapolis and West new york 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 | West new york |
|---|---|---|
| Electricity Price | $16.38 | $19.88 |
| Natural Gas Price | $14.87 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Minneapolis vs West new york
- West new york has higher electricity costs at $19.88 per kWh, versus $16.38 in Minneapolis.
- Natural gas is more expensive in Minneapolis at $14.87 per unit, while it is cheaper at $14.01 in West new york.
- Utility expenses are equal in both Minneapolis and West new york averaging $250.