Cost of Living in Virginia, MN
Housing
The housing market plays a significant role in determining the cost of living in Virginia, MN.
- Housing Index: 90.5 / 100
- Median Home Price is: $202,000
- Average Rent (2 BR Apartment): $920 per month
- Average Rent (2 BR House): $1000 per month
When considering a move to Virginia, MN, the housing indicators reveal a moderately affordable market. With a housing index of 90.5, resident costs average at 920 for apartments and 1000 for houses. The median home price stands at 202000, which is competitive compared to national averages. It's crucial to evaluate your financial situation, as homes here may be more accessible than in pricier urban centers. Further, exploring local amenities and job opportunities can enhance your decision-making process in this vibrant community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Virginia, 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.): $150 per month
Living in Virginia, 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 $150 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 Virginia is a financially viable option for your relocation.