Cost of Living in Champlin, MN
Housing
The housing market plays a significant role in determining the cost of living in Champlin, MN.
- Housing Index: 103 / 100
- Median Home Price is: $329,000
- Average Rent (2 BR Apartment): $1865 per month
- Average Rent (2 BR House): $2028 per month
Considering a move to Champlin, MN? The overall housing index shows low activity, suggesting affordability may be a central aspect of this market. With a median home price of 329000, it could present an excellent opportunity for potential homeowners seeking a lower entry point. However, the absence of rental data—as indicated by an average rent of 1865 for a 2-bedroom apartment and 2028 for a house—might hint at limited rental availability. Explore the employment market and local amenities to ensure this choice complements your lifestyle desires.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Champlin, 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 Champlin, 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 Champlin is a financially viable option for your relocation.