Cost of Living: Northfield, MN vs Grand junction, CO

Housing

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

Metric Northfield Grand junction
Housing Index 90.0 85.0
Median Home Price $350,000 $420,000
Average Rent (2 BR Apartment) $1400 $1200
Average Rent (2 BR House) $1365.6 $1360

Housing Comparison: Northfield vs Grand junction

  • The median home price in Grand junction is higher at $420,000, compared to $350,000 in Northfield.
  • Renting a two-bedroom apartment costs more in Northfield at $1,400 than in Grand junction 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 Grand junction
Electricity Price $16.38 $15.21
Natural Gas Price $14.87 $11.3
Other Utilities $240 $200

Utilities Comparison: Northfield vs Grand junction

  • Electricity costs are higher in Northfield at $16.38 per kWh, compared to $15.21 in Grand junction.
  • Natural gas is more expensive in Northfield at $14.87 per unit, while it is cheaper at $11.3 in Grand junction.
  • Other utility costs are higher in Northfield at an average of $240, compared to Grand junction with $200.