Cost of Living: Keiser, AR vs Albert lea, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Keiser Albert lea
Housing Index 86.4 103
Median Home Price $105,000 $225,000
Average Rent (2 BR Apartment) $1228 $872
Average Rent (2 BR House) $1335 $948

Housing Comparison: Keiser vs Albert lea

  • The median home price in Albert lea is higher at $225,000, compared to $105,000 in Keiser.
  • In Albert lea, the rental for a two-bedroom apartment stands at $872, while it is $1,228 in Keiser.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Keiser Albert lea
Electricity Price $12.36 $16.38
Natural Gas Price $17.08 $14.87
Other Utilities $208 $233

Utilities Comparison: Keiser vs Albert lea

  • Albert lea has higher electricity costs at $16.38 per kWh, versus $12.36 in Keiser.
  • Natural gas is more expensive in Keiser at $17.08 per unit, while it is cheaper at $14.87 in Albert lea.
  • Albert lea has higher utility expenses, averaging $233, while Keiser averages $208.