Cost of Living in Callaway, MN
Housing
The housing market plays a significant role in determining the cost of living in Callaway, MN.
- Housing Index: Data is updating
- Median Home Price is: $184,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the given data, housing in Callaway, MN appears very affordable with a median home price of 184000. However, the housing index is listed as 0.0, which could indicate potential issues with availability or quality of homes in the area. It's also worth noting that both average rents for two-bedroom apartments and houses are unspecified. A thorough exploration of these factors is crucial before making a moving decision, especially as low purchase prices may correlate with other socio-economic challenges in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Callaway, MN.
- Electricity Price: $16.38 USD (median by state)
- Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Callaway, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Callaway is a financially viable option for your relocation.