Cost of Living: Northfield, MN vs Erwin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northfield | Erwin |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $350,000 | $228,000 |
| Average Rent (2 BR Apartment) | $1400 | $1150 |
| Average Rent (2 BR House) | $1365.6 | $1200 |
Housing Comparison: Northfield vs Erwin
- In Northfield, the median home price is higher at $350,000, while in Erwin it is $228,000.
- Renting a two-bedroom apartment costs more in Northfield at $1,400 than in Erwin at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Northfield | Erwin |
|---|---|---|
| Electricity Price | $16.38 | $12.57 |
| Natural Gas Price | $14.87 | $12.35 |
| Other Utilities | $240 | $220 |
Utilities Comparison: Northfield vs Erwin
- Electricity costs are higher in Northfield at $16.38 per kWh, compared to $12.57 in Erwin.
- Natural gas is more expensive in Northfield at $14.87 per unit, while it is cheaper at $12.35 in Erwin.
- Other utility costs are higher in Northfield at an average of $240, compared to Erwin with $220.