Cost of Living: Rochester, MN vs Raleigh, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rochester | Raleigh |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $335,000 | $391,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1280 |
Housing Comparison: Rochester vs Raleigh
- The median home price in Raleigh is higher at $391,000, compared to $335,000 in Rochester.
- Renting a two-bedroom apartment costs more in Rochester at $1,500 than in Raleigh 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 | Rochester | Raleigh |
|---|---|---|
| Electricity Price | $16.38 | $13.72 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rochester vs Raleigh
- Electricity costs are higher in Rochester at $16.38 per kWh, compared to $13.72 in Raleigh.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Rochester and Raleigh averaging $250.