Cost of Living: Palisade, MN vs Banning, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palisade | Banning |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $215,000 | $420,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1828 |
Housing Comparison: Palisade vs Banning
- The median home price in Banning is higher at $420,000, compared to $215,000 in Palisade.
- The rent for a two-bedroom apartment is equal in both Palisade and Banning at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palisade | Banning |
|---|---|---|
| Electricity Price | $16.38 | $32.99 |
| Natural Gas Price | $14.87 | $16.99 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Palisade vs Banning
- Banning has higher electricity costs at $32.99 per kWh, versus $16.38 in Palisade.
- Banning experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Palisade.
- Utility expenses are equal in both Palisade and Banning averaging $0.0.