Cost of Living: Owatonna, MN vs Cedar park, TX

Housing

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

Metric Owatonna Cedar park
Housing Index 90.0 115.0
Median Home Price $269,000 $461,000
Average Rent (2 BR Apartment) $1200 $2000
Average Rent (2 BR House) $1280 $2045

Housing Comparison: Owatonna vs Cedar park

  • The median home price in Cedar park is higher at $461,000, compared to $269,000 in Owatonna.
  • In Cedar park, the rental for a two-bedroom apartment stands at $2,000, while it is $1,200 in Owatonna.

Utilities

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

Metric Owatonna Cedar park
Electricity Price $16.38 $14.47
Natural Gas Price $14.87 $26.29
Other Utilities $250 $250

Utilities Comparison: Owatonna vs Cedar park

  • Electricity costs are higher in Owatonna at $16.38 per kWh, compared to $14.47 in Cedar park.
  • Cedar park experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Owatonna.
  • Utility expenses are equal in both Owatonna and Cedar park averaging $250.