Cost of Living in Caledonia, MN
Housing
The housing market plays a significant role in determining the cost of living in Caledonia, MN.
- Housing Index: 103 / 100
- Median Home Price is: $234,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
If you're considering moving to Caledonia, MN, the data shows a competitive housing market with a median home price of 234000. While the housing index remains at 0.0, indicating potential affordability concerns, this may reflect low availability or recent changes in the market dynamics. It’s critical to explore further trends in home prices and rental options, as the current values for average rent in both 2-bedroom apartments and houses are not specified. Researching locals' quality of life and amenities in Caledonia could also provide essential insights for a more informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Caledonia, 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 Caledonia, 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 $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 Caledonia is a financially viable option for your relocation.