Cost of Living: Warwick, RI vs Minot, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warwick | Minot |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $368,000 | $273,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1300 |
Housing Comparison: Warwick vs Minot
- In Warwick, the median home price is higher at $368,000, while in Minot it is $273,000.
- Renting a two-bedroom apartment costs more in Warwick at $2,200 than in 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 | Warwick | Minot |
|---|---|---|
| Electricity Price | $27.03 | $13.65 |
| Natural Gas Price | $21.52 | $10.8 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Warwick vs Minot
- Electricity costs are higher in Warwick at $27.03 per kWh, compared to $13.65 in Minot.
- Natural gas is more expensive in Warwick at $21.52 per unit, while it is cheaper at $10.8 in Minot.
- Other utility costs are higher in Warwick at an average of $250, compared to Minot with $200.