Cost of Living: Moorhead, MN vs Las vegas, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Moorhead | Las vegas |
|---|---|---|
| Housing Index | 115.0 | 110.5 |
| Median Home Price | $305,000 | $462,500 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1640 |
Housing Comparison: Moorhead vs Las vegas
- The median home price in Las vegas is higher at $462,500, compared to $305,000 in Moorhead.
- In Las vegas, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Moorhead.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Moorhead | Las vegas |
|---|---|---|
| Electricity Price | $16.38 | $15.5 |
| Natural Gas Price | $14.87 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Moorhead vs Las vegas
- Electricity costs are higher in Moorhead at $16.38 per kWh, compared to $15.5 in Las vegas.
- Las vegas experiences higher natural gas costs at $20.66 per unit, with costs at $14.87 in Moorhead.
- Utility expenses are equal in both Moorhead and Las vegas averaging $250.