Cost of Living: Minot, ND vs Danville, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minot | Danville |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $273,000 | $187,000 |
| Average Rent (2 BR Apartment) | $1200 | $960 |
| Average Rent (2 BR House) | $1300 | $1024 |
Housing Comparison: Minot vs Danville
- In Minot, the median home price is higher at $273,000, while in Danville it is $187,000.
- In Danville, the rental for a two-bedroom apartment stands at $960, 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 | Danville |
|---|---|---|
| Electricity Price | $13.65 | $12.87 |
| Natural Gas Price | $10.8 | $22.78 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Minot vs Danville
- Electricity costs are higher in Minot at $13.65 per kWh, compared to $12.87 in Danville.
- Danville experiences higher natural gas costs at $22.78 per unit, with costs at $10.8 in Minot.
- Utility expenses are equal in both Minot and Danville averaging $200.