Cost of Living in Odessa, MN
Housing
The housing market plays a significant role in determining the cost of living in Odessa, MN.
- Housing Index: Data is updating
- Median Home Price is: $225000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Odessa, MN? With a median home price of 225000, it offers a favorable entry point for potential homeowners. However, the sharply low housing index of 0.0 suggests market stagnation, which may affect future appreciation rates. Currently, with no data for average rent priced at 0.0 for a 2-bedroom apartment and 0.0 for a 2-bedroom house, it could indicate an emerging market. Explore local amenities and job opportunities to ensure this transition aligns with your lifestyle goals. Researching housing trends will also aid your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Odessa, 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 Odessa, 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 Odessa is a financially viable option for your relocation.