Cost of Living in Nashwauk, MN
Housing
The housing market plays a significant role in determining the cost of living in Nashwauk, MN.
- Housing Index: Data is updating
- Median Home Price is: $145,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Nashwauk, MN, the current data shows a very favorable median home price of 145000. However, the housing index and average rental prices for a 2-bedroom apartment and house are all at 0.0, indicating a possible lack of available rental options. This might suggest a competitive housing market with potentially limited inventory, which may lead to increased home values in the long run. If you're contemplating a move, assessing neighborhood quality and local amenities in addition to home prices is crucial in making an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Nashwauk, 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 Nashwauk, 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 Nashwauk is a financially viable option for your relocation.