Cost of Living in Warren, MN
Housing
The housing market plays a significant role in determining the cost of living in Warren, MN.
- Housing Index: 103 / 100
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
Considering a move to Warren, MN? With a median home price of 120000, this area offers surprisingly affordable housing options compared to many regions. However, the lack of data for the housing index, average rent for a 2BR apartment, and average rent for a 2BR house suggests there may be limited rental opportunities or newly emerging markets to explore. It's crucial to investigate the local economy, job market, and amenities before making a decision. An affordable median price can provide a strong incentive for homeownership, but thorough research is key to ensuring the best fit for your lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Warren, 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 Warren, 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 Warren is a financially viable option for your relocation.