Cost of Living: Minot, ND vs Greenwood, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minot | Greenwood |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $273,000 | $287,500 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1300 |
Housing Comparison: Minot vs Greenwood
- The median home price in Greenwood is higher at $287,500, compared to $273,000 in Minot.
- The rent for a two-bedroom apartment is equal in both Minot and Greenwood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Minot | Greenwood |
|---|---|---|
| Electricity Price | $13.65 | $14.89 |
| Natural Gas Price | $10.8 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Minot vs Greenwood
- Greenwood has higher electricity costs at $14.89 per kWh, versus $13.65 in Minot.
- Natural gas price data is currently unavailable.
- Greenwood has higher utility expenses, averaging $250, while Minot averages $200.