Cost of Living: Northfield, MN vs Fairhope, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northfield | Fairhope |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $350,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1365.6 | $1280 |
Housing Comparison: Northfield vs Fairhope
- In Northfield, the median home price is higher at $350,000, while in Fairhope it is $295,000.
- Renting a two-bedroom apartment costs more in Northfield at $1,400 than in Fairhope at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Northfield | Fairhope |
|---|---|---|
| Electricity Price | $16.38 | $15.03 |
| Natural Gas Price | $14.87 | $21.76 |
| Other Utilities | $240 | $200 |
Utilities Comparison: Northfield vs Fairhope
- Electricity costs are higher in Northfield at $16.38 per kWh, compared to $15.03 in Fairhope.
- Fairhope experiences higher natural gas costs at $21.76 per unit, with costs at $14.87 in Northfield.
- Other utility costs are higher in Northfield at an average of $240, compared to Fairhope with $200.