Cost of Living: Stamford, CT vs Owatonna, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Stamford | Owatonna |
|---|---|---|
| Housing Index | 125.0 | 90.0 |
| Median Home Price | $471,000 | $269,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2450 | $1280 |
Housing Comparison: Stamford vs Owatonna
- In Stamford, the median home price is higher at $471,000, while in Owatonna it is $269,000.
- Renting a two-bedroom apartment costs more in Stamford at $2,400 than in Owatonna 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 | Stamford | Owatonna |
|---|---|---|
| Electricity Price | $26 | $16.38 |
| Natural Gas Price | $Data is updating | $14.87 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Stamford vs Owatonna
- Electricity costs are higher in Stamford at $26 per kWh, compared to $16.38 in Owatonna.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Stamford at an average of $280, compared to Owatonna with $250.