Cost of Living: Northfield, MN vs Shreveport, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northfield | Shreveport |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $350,000 | $242,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1365.6 | $1240 |
Housing Comparison: Northfield vs Shreveport
- In Northfield, the median home price is higher at $350,000, while in Shreveport it is $242,000.
- Renting a two-bedroom apartment costs more in Northfield at $1,400 than in Shreveport 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 | Shreveport |
|---|---|---|
| Electricity Price | $16.38 | $11.42 |
| Natural Gas Price | $14.87 | $19.48 |
| Other Utilities | $240 | $250 |
Utilities Comparison: Northfield vs Shreveport
- Electricity costs are higher in Northfield at $16.38 per kWh, compared to $11.42 in Shreveport.
- Shreveport experiences higher natural gas costs at $19.48 per unit, with costs at $14.87 in Northfield.
- Shreveport has higher utility expenses, averaging $250, while Northfield averages $240.