Cost of Living: North mankato, MN vs Barnegat, NJ

Housing

The housing market plays a significant role in determining the cost of living.

Metric North mankato Barnegat
Housing Index 70.2 110.5
Median Home Price $262,500 $338,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1548 $1845

Housing Comparison: North mankato vs Barnegat

  • The median home price in Barnegat is higher at $338,000, compared to $262,500 in North mankato.
  • In Barnegat, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in North mankato.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric North mankato Barnegat
Electricity Price $16.38 $19.88
Natural Gas Price $14.87 $14.01
Other Utilities $250 $250

Utilities Comparison: North mankato vs Barnegat

  • Barnegat has higher electricity costs at $19.88 per kWh, versus $16.38 in North mankato.
  • Natural gas is more expensive in North mankato at $14.87 per unit, while it is cheaper at $14.01 in Barnegat.
  • Utility expenses are equal in both North mankato and Barnegat averaging $250.