Cost of Living: Tampa, FL vs Red wing, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tampa | Red wing |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $388,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Tampa vs Red wing
- In Tampa, the median home price is higher at $388,000, while in Red wing it is $275,000.
- Renting a two-bedroom apartment costs more in Tampa at $1,800 than in Red wing 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 | Tampa | Red wing |
|---|---|---|
| Electricity Price | $13.89 | $16.38 |
| Natural Gas Price | $26.13 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Tampa vs Red wing
- Red wing has higher electricity costs at $16.38 per kWh, versus $13.89 in Tampa.
- Natural gas is more expensive in Tampa at $26.13 per unit, while it is cheaper at $14.87 in Red wing.
- Other utility costs are higher in Tampa at an average of $250, compared to Red wing with $200.