Cost of Living in Atwater, MN

Housing

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

  • Housing Index: 103 / 100
  • Median Home Price is: $178,000
  • Average Rent (2 BR Apartment): $1560 per month
  • Average Rent (2 BR House): $1696 per month

Considering a move to Atwater, MN? With a housing index of 103, it remains a relatively affordable option compared to national averages. The median home price of 178000 is inviting for potential homeowners, while average rents stand at 1560 for a two-bedroom apartment and 1696 for a two-bedroom house. This data suggests that purchasing may be a viable investment. Additionally, historical trends demonstrate that areas with stable pricing often see continued growth, making this an opportune moment to consider.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Atwater, 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.): $233 per month

Living in Atwater, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet β€” both aligning with state medians. Expect to budget about $233 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 Atwater is a financially viable option for your relocation.

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