Cost of Living: Thayer, MO vs Owatonna, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Thayer | Owatonna |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $144,000 | $269,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Thayer vs Owatonna
- The median home price in Owatonna is higher at $269,000, compared to $144,000 in Thayer.
- The rent for a two-bedroom apartment is equal in both Thayer and 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 | Thayer | Owatonna |
|---|---|---|
| Electricity Price | $14.64 | $16.38 |
| Natural Gas Price | $23.25 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Thayer vs Owatonna
- Owatonna has higher electricity costs at $16.38 per kWh, versus $14.64 in Thayer.
- Natural gas is more expensive in Thayer at $23.25 per unit, while it is cheaper at $14.87 in Owatonna.
- Utility expenses are equal in both Thayer and Owatonna averaging $250.