Cost of Living: Moorhead, MN vs Oak park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Moorhead | Oak park |
|---|---|---|
| Housing Index | 115.0 | 115.0 |
| Median Home Price | $305,000 | $398,000 |
| Average Rent (2 BR Apartment) | $1200 | $1900 |
| Average Rent (2 BR House) | $1280 | $1935 |
Housing Comparison: Moorhead vs Oak park
- The median home price in Oak park is higher at $398,000, compared to $305,000 in Moorhead.
- In Oak park, the rental for a two-bedroom apartment stands at $1,900, 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 | Oak park |
|---|---|---|
| Electricity Price | $16.38 | $16.15 |
| Natural Gas Price | $14.87 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Moorhead vs Oak park
- Electricity costs are higher in Moorhead at $16.38 per kWh, compared to $16.15 in Oak park.
- Oak park experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Moorhead.
- Utility expenses are equal in both Moorhead and Oak park averaging $250.