Cost of Living: Red wing, MN vs Hampton, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red wing | Hampton |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $275,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1280 | $1200 |
Housing Comparison: Red wing vs Hampton
- The median home price in Hampton is higher at $305,000, compared to $275,000 in Red wing.
- In Hampton, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Red wing.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Red wing | Hampton |
|---|---|---|
| Electricity Price | $16.38 | $15.31 |
| Natural Gas Price | $14.87 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Red wing vs Hampton
- Electricity costs are higher in Red wing at $16.38 per kWh, compared to $15.31 in Hampton.
- Hampton experiences higher natural gas costs at $19.91 per unit, with costs at $14.87 in Red wing.
- Hampton has higher utility expenses, averaging $250, while Red wing averages $200.