Cost of Living in Palisade, MN
Housing
The housing market plays a significant role in determining the cost of living in Palisade, MN.
- Housing Index: Data is updating
- Median Home Price is: $215000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering your potential relocation to Palisade, MN, the current median home price of 215000 suggests that it could be a favorable market for homebuyers, particularly in comparison to national averages. However, with a housing index of 0.0, the rental market may be unclear since both average rent values for a 2-bedroom apartment and house are elusive at 0.0. It's vital to gather further information regarding the rental market trends and neighborhood quality before making a decision, as local amenities and employment opportunities will greatly influence your living experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Palisade, 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 Palisade, 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 Palisade is a financially viable option for your relocation.