Cost of Living: Rockford, IL vs Minot, ND

Housing

The housing market plays a significant role in determining the cost of living.

Metric Rockford Minot
Housing Index 85.0 90.0
Median Home Price $156,000 $273,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1300

Housing Comparison: Rockford vs Minot

  • The median home price in Minot is higher at $273,000, compared to $156,000 in Rockford.
  • The rent for a two-bedroom apartment is equal in both Rockford 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 Rockford Minot
Electricity Price $16.15 $13.65
Natural Gas Price $16.59 $10.8
Other Utilities $250 $200

Utilities Comparison: Rockford vs Minot

  • Electricity costs are higher in Rockford at $16.15 per kWh, compared to $13.65 in Minot.
  • Natural gas is more expensive in Rockford at $16.59 per unit, while it is cheaper at $10.8 in Minot.
  • Other utility costs are higher in Rockford at an average of $250, compared to Minot with $200.