Cost of Living in Winona, MN
Housing
The housing market plays a significant role in determining the cost of living in Winona, MN.
- Housing Index: 90.0 / 100
- Median Home Price is: $203,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1272 per month
Evaluating your potential move to Winona, MN, the housing index of 90.0 indicates it is relatively affordable compared to national averages. The median home price of 203000 makes homeownership attainable. Furthermore, rental options show that an average 2-bedroom apartment rents for 1200, while a 2-bedroom house averages 1272. This suggests a variety of living arrangements, whether you choose to rent or buy. Additionally, consider the area's economic factors and local amenities to ensure it meets your lifestyle needs. The current housing climate offers promising opportunities for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winona, 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.): $250 per month
Living in Winona, 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 $250 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 Winona is a financially viable option for your relocation.