Cost of Living in Erskine, MN
Housing
The housing market plays a significant role in determining the cost of living in Erskine, MN.
- Housing Index: Data is updating
- Median Home Price is: $136,070
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Erskine, MN? With a median home price of 136070 and a housing index of 0.0, it appears that housing affordability is a key factor here. Currently, the average rent figures for both 2-bedroom apartments and houses sit at zero, which may indicate market instability or a lack in rental supply. It's worth noting that Erskine could be an excellent long-term investment due to the lower median home price, but be cautious of the current rental market conditions. Thorough research and local insights are advised.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Erskine, 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 Erskine, 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 Erskine is a financially viable option for your relocation.