Cost of Living: Minot, ND vs Ithaca, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Minot | Ithaca |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $273,000 | $260,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1875 |
Housing Comparison: Minot vs Ithaca
- In Minot, the median home price is higher at $273,000, while in Ithaca it is $260,000.
- In Ithaca, 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 | Ithaca |
|---|---|---|
| Electricity Price | $13.65 | $26.08 |
| Natural Gas Price | $10.8 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Minot vs Ithaca
- Ithaca has higher electricity costs at $26.08 per kWh, versus $13.65 in Minot.
- Ithaca experiences higher natural gas costs at $18.13 per unit, with costs at $10.8 in Minot.
- Ithaca has higher utility expenses, averaging $250, while Minot averages $200.