Cost of Living: New albin, IA vs Moorhead, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New albin | Moorhead |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $145,000 | $305,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: New albin vs Moorhead
- The median home price in Moorhead is higher at $305,000, compared to $145,000 in New albin.
- The rent for a two-bedroom apartment is equal in both New albin and Moorhead at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New albin | Moorhead |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: New albin vs Moorhead
- Moorhead has higher electricity costs at $16.38 per kWh, versus $14.82 in New albin.
- Natural gas is more expensive in New albin at $15.61 per unit, while it is cheaper at $14.87 in Moorhead.
- Utility expenses are equal in both New albin and Moorhead averaging $0.0.