Cost of Living in Menahga, MN
Housing
The housing market plays a significant role in determining the cost of living in Menahga, MN.
- Housing Index: 90.0 / 100
- Median Home Price is: $197,500
- Average Rent (2 BR Apartment): $1280 per month
- Average Rent (2 BR House): $1350 per month
When considering a move to Menahga, MN, the current housing index of 90.0 suggests a relatively affordable market. The median home price of 197500 indicates a competitive entry point for buyers. While rentals remain accessible, with averages of 1280 for a 2-bedroom apartment and 1350 for a house, potential residents should also consider local amenities and the job market, which contribute significantly to quality of life. Factors such as these may heavily influence your decision in choosing Menahga as your next home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Menahga, 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.): $200 per month
Living in Menahga, 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 $200 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 Menahga is a financially viable option for your relocation.