Cost of Living: Westminster, VT vs Red wing, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Westminster | Red wing |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $275,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1850 | $1280 |
Housing Comparison: Westminster vs Red wing
- The median home price is the same in both Westminster and Red wing at $275,000.
- Renting a two-bedroom apartment costs more in Westminster 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 | Westminster | Red wing |
|---|---|---|
| Electricity Price | $21.91 | $16.38 |
| Natural Gas Price | $18.28 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Westminster vs Red wing
- Electricity costs are higher in Westminster at $21.91 per kWh, compared to $16.38 in Red wing.
- Natural gas is more expensive in Westminster at $18.28 per unit, while it is cheaper at $14.87 in Red wing.
- Other utility costs are higher in Westminster at an average of $250, compared to Red wing with $200.