Cost of Living: Roanoke, VA vs Minot, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Roanoke | Minot |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $241,000 | $273,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1400 | $1300 |
Housing Comparison: Roanoke vs Minot
- The median home price in Minot is higher at $273,000, compared to $241,000 in Roanoke.
- The rent for a two-bedroom apartment is equal in both Roanoke 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 | Roanoke | Minot |
|---|---|---|
| Electricity Price | $15.31 | $13.65 |
| Natural Gas Price | $19.91 | $10.8 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Roanoke vs Minot
- Electricity costs are higher in Roanoke at $15.31 per kWh, compared to $13.65 in Minot.
- Natural gas is more expensive in Roanoke at $19.91 per unit, while it is cheaper at $10.8 in Minot.
- Utility expenses are equal in both Roanoke and Minot averaging $200.