Cost of Living: Moorhead, MN vs Cedar rapids, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Moorhead | Cedar rapids |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $305,000 | $214,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1280 |
Housing Comparison: Moorhead vs Cedar rapids
- In Moorhead, the median home price is higher at $305,000, while in Cedar rapids it is $214,000.
- The rent for a two-bedroom apartment is equal in both Moorhead and Cedar rapids 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 | Moorhead | Cedar rapids |
|---|---|---|
| Electricity Price | $16.38 | $14.82 |
| Natural Gas Price | $14.87 | $15.61 |
| Other Utilities | $250 | $225 |
Utilities Comparison: Moorhead vs Cedar rapids
- Electricity costs are higher in Moorhead at $16.38 per kWh, compared to $14.82 in Cedar rapids.
- Cedar rapids experiences higher natural gas costs at $15.61 per unit, with costs at $14.87 in Moorhead.
- Other utility costs are higher in Moorhead at an average of $250, compared to Cedar rapids with $225.