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.