Cost of Living in Winnebago, MN
Housing
The housing market plays a significant role in determining the cost of living in Winnebago, MN.
- Housing Index: 103 / 100
- Median Home Price is: $198,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
Based on the provided data for Winnebago, MN, housing appears to be affordable with a median home price of 198000. However, it’s important to consider that the housing index indicates a very low demand or saturation at 103. Since both average rents for a 2-bedroom apartment and a 2-bedroom house are reported as zero, this might suggest an abundance of rental units or data imperfections. Therefore, if you're looking to move, investigate the neighborhood's amenities and overall demand to ensure a balanced lifestyle in Winnebago.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winnebago, 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 Winnebago, 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 Winnebago is a financially viable option for your relocation.