Cost of Living: Olathe, KS vs Minneapolis, MN

Housing

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

Metric Olathe Minneapolis
Housing Index 110.0 120.0
Median Home Price $306,000 $305,000
Average Rent (2 BR Apartment) $1300 $1800
Average Rent (2 BR House) $1360 $1840

Housing Comparison: Olathe vs Minneapolis

  • In Olathe, the median home price is higher at $306,000, while in Minneapolis it is $305,000.
  • In Minneapolis, the rental for a two-bedroom apartment stands at $1,800, while it is $1,300 in Olathe.

Utilities

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

Metric Olathe Minneapolis
Electricity Price $14.22 $16.38
Natural Gas Price $Data is updating $14.87
Other Utilities $250 $250

Utilities Comparison: Olathe vs Minneapolis

  • Minneapolis has higher electricity costs at $16.38 per kWh, versus $14.22 in Olathe.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Olathe and Minneapolis averaging $250.