Cost of Living: Red wing, MN vs Shawano, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Red wing | Shawano |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $275,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1440 |
Housing Comparison: Red wing vs Shawano
- In Red wing, the median home price is higher at $275,000, while in Shawano it is $182,000.
- The rent for a two-bedroom apartment is equal in both Red wing and Shawano 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 | Shawano |
|---|---|---|
| Electricity Price | $16.38 | $17.6 |
| Natural Gas Price | $14.87 | $11.5 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Red wing vs Shawano
- Shawano has higher electricity costs at $17.6 per kWh, versus $16.38 in Red wing.
- Natural gas is more expensive in Red wing at $14.87 per unit, while it is cheaper at $11.5 in Shawano.
- Shawano has higher utility expenses, averaging $250, while Red wing averages $200.