Cost of Living: Red wing, MN vs Columbus, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red wing | Columbus |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $275,000 | $235,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1280 |
Housing Comparison: Red wing vs Columbus
- In Red wing, the median home price is higher at $275,000, while in Columbus it is $235,000.
- The rent for a two-bedroom apartment is equal in both Red wing and Columbus 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 | Red wing | Columbus |
|---|---|---|
| Electricity Price | $16.38 | $14.89 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Red wing vs Columbus
- Electricity costs are higher in Red wing at $16.38 per kWh, compared to $14.89 in Columbus.
- Natural gas price data is currently unavailable.
- Columbus has higher utility expenses, averaging $250, while Red wing averages $200.