Cost of Living: Owatonna, MN vs Towner, ND

Housing

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

Metric Owatonna Towner
Housing Index 90.0 Data is updating
Median Home Price $269,000 $100,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Owatonna vs Towner

  • In Owatonna, the median home price is higher at $269,000, while in Towner it is $100,000.
  • The rent for a two-bedroom apartment is equal in both Owatonna and Towner 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 Owatonna Towner
Electricity Price $16.38 $13.65
Natural Gas Price $14.87 $10.8
Other Utilities $250 $Data is updating

Utilities Comparison: Owatonna vs Towner

  • Electricity costs are higher in Owatonna at $16.38 per kWh, compared to $13.65 in Towner.
  • Natural gas is more expensive in Owatonna at $14.87 per unit, while it is cheaper at $10.8 in Towner.
  • Utility expenses are equal in both Owatonna and Towner averaging $250.