Cost of Living: Silt, CO vs Albert lea, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Silt | Albert lea |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $463,500 | $225,000 |
| Average Rent (2 BR Apartment) | $1800 | $1050 |
| Average Rent (2 BR House) | $1840 | $1200 |
Housing Comparison: Silt vs Albert lea
- In Silt, the median home price is higher at $463,500, while in Albert lea it is $225,000.
- Renting a two-bedroom apartment costs more in Silt at $1,800 than in Albert lea at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Silt | Albert lea |
|---|---|---|
| Electricity Price | $15.21 | $16.38 |
| Natural Gas Price | $11.3 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Silt vs Albert lea
- Albert lea has higher electricity costs at $16.38 per kWh, versus $15.21 in Silt.
- Albert lea experiences higher natural gas costs at $14.87 per unit, with costs at $11.3 in Silt.
- Utility expenses are equal in both Silt and Albert lea averaging $250.