Cost of Living: Radford, VA vs Minot, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Radford | Minot |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $205,000 | $273,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1300 |
Housing Comparison: Radford vs Minot
- The median home price in Minot is higher at $273,000, compared to $205,000 in Radford.
- The rent for a two-bedroom apartment is equal in both Radford and Minot 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 | Radford | Minot |
|---|---|---|
| Electricity Price | $15.31 | $13.65 |
| Natural Gas Price | $19.91 | $10.8 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Radford vs Minot
- Electricity costs are higher in Radford at $15.31 per kWh, compared to $13.65 in Minot.
- Natural gas is more expensive in Radford at $19.91 per unit, while it is cheaper at $10.8 in Minot.
- Other utility costs are higher in Radford at an average of $250, compared to Minot with $200.