Cost of Living in Vergas, MN

Housing

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

  • Housing Index: 103 / 100
  • Median Home Price is: $292,500
  • Average Rent (2 BR Apartment): $1560 per month
  • Average Rent (2 BR House): $1696 per month

In considering a move to Vergas, MN, it's crucial to note that while the housing index is currently at 103, indicating a potentially unsteady market, the median home price stands at 292500. However, there is no available data for average rent prices for 2-bedroom apartments or houses. This may suggest a lack of rental options or recent market destabilization. As you weigh this decision, consider neighborhood amenities, schools, and job opportunities, as these can significantly impact your overall living experience, beyond just housing costs.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vergas, 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 Vergas, 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 Vergas is a financially viable option for your relocation.

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