Cost of Living: Minot, ND vs Concord, NH

Housing

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

Metric Minot Concord
Housing Index 90.0 110.0
Median Home Price $273,000 $299,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1300 $1840

Housing Comparison: Minot vs Concord

  • The median home price in Concord is higher at $299,000, compared to $273,000 in Minot.
  • In Concord, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Minot.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Minot Concord
Electricity Price $13.65 $22.44
Natural Gas Price $10.8 $17.58
Other Utilities $200 $250

Utilities Comparison: Minot vs Concord

  • Concord has higher electricity costs at $22.44 per kWh, versus $13.65 in Minot.
  • Concord experiences higher natural gas costs at $17.58 per unit, with costs at $10.8 in Minot.
  • Concord has higher utility expenses, averaging $250, while Minot averages $200.