Cost of Living: Albert lea, MN vs Wynne, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albert lea | Wynne |
|---|---|---|
| Housing Index | 103 | 86.4 |
| Median Home Price | $225,000 | $127,000 |
| Average Rent (2 BR Apartment) | $872 | $1228 |
| Average Rent (2 BR House) | $948 | $1335 |
Housing Comparison: Albert lea vs Wynne
- In Albert lea, the median home price is higher at $225,000, while in Wynne it is $127,000.
- Renting a two-bedroom apartment costs more in Albert lea at $872 than in Wynne at $1,228.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albert lea | Wynne |
|---|---|---|
| Electricity Price | $16.38 | $12.36 |
| Natural Gas Price | $14.87 | $17.08 |
| Other Utilities | $233 | $208 |
Utilities Comparison: Albert lea vs Wynne
- Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $12.36 in Wynne.
- Wynne experiences higher natural gas costs at $17.08 per unit, with costs at $14.87 in Albert lea.
- Other utility costs are higher in Albert lea at an average of $233, compared to Wynne with $208.