Cost of Living in Williams, MN
Housing
The housing market plays a significant role in determining the cost of living in Williams, MN.
- Housing Index: 103 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
Considering a move to Williams, MN? The current housing index stands at 103, indicating a potentially stable market. With a median home price of 215000, it's an appealing option for homebuyers seeking affordability. However, rental prices are currently unspecified, making it crucial to investigate the rental market further. Generally, areas with a lower housing index like Williams could offer great value, but also ensure you research local amenities and job growth, as these factors can greatly influence your quality of life and investment potential in the coming years.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Williams, 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 Williams, 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 Williams is a financially viable option for your relocation.