Living Costs in New Brighton, MN: A Detailed Guide
Aug 1, 2023
If you're dreaming of lakeside living with all the amenities of a large city without the congestion, New Brighton, Minnesota might be just what you're looking for. Before you pack your bags, let's take a closer look at the cost of living in New Brighton, MN.
New Brighton is a welcoming city nestled in Ramsey County, Minnesota. Its small-town charm, combined with its proximity to the Twin Cities, makes it a desirable place to live. However, it's important to note that like any city, New Brighton has its own cost of living nuances that you should consider before moving.
Cost of Housing in New Brighton, MN
Let's begin with the biggest expense for most people: housing.
Renting in New Brighton can be a viable option, especially if you're not ready for the financial commitment of owning a home. As of now, the average rent for an apartment in New Brighton is around $1,200 per month. However, this can vary. A studio or one-bedroom apartment might cost you less, while a larger apartment or a house could be more expensive. It's also essential to consider the location—properties in more desirable neighborhoods often come with higher rents.
Home Ownership Costs
If you're ready to plant roots, you might be considering buying a home. The median home value in New Brighton is approximately $275,000. This is more affordable compared to many larger cities, but remember to factor in additional costs such as property taxes, home insurance, and maintenance, which can add up.
Utilities Expenses in New Brighton
Basic utilities are another key aspect of the cost of living. On average, residents of New Brighton can expect to spend around $150-$200 per month on utilities. This typically includes electricity, heating, cooling, water, and garbage services. The exact cost can vary based on the size of your home and your usage.
Getting around is a major part of everyday life, so let's explore transportation costs.
If you prefer to avoid the hassles of driving, the public transit system in the Twin Cities area is a reliable alternative. A monthly transit pass costs about $85. This can be a cost-effective option, especially if you work or frequently travel to downtown Minneapolis or St. Paul.
Cost of Owning a Car
On the other hand, if you prefer the convenience of owning a car, remember to account for more than just the cost of the vehicle. There are gas prices to consider (which tend to be slightly lower than the national average), as well as ongoing costs such as maintenance, insurance, and registration fees.
Grocery and Food Expenses
Next, let's move on to another necessity: food. On average, residents in Minnesota spend about $300-$400 per month on groceries. This amount can fluctuate depending on your dietary preferences, the number of people in your household, and how often you eat out. Speaking of dining out, New Brighton offers a range of dining options, from fast-food restaurants to more upscale establishments. A meal at an inexpensive restaurant can set you back by around $15.
Health Care Costs
When budgeting for living expenses, don't overlook health care costs. The good news is that in New Brighton, these costs are slightly below the national average. But these can vary based on your health plan, how often you need medical services, and whether you have any ongoing medication needs.
Leisure and Entertainment Expenses
Life isn't just about necessities. We all need some fun! Whether you're a movie-goer, a fitness enthusiast, or love exploring local attractions, these activities add to your monthly budget. Depending on your lifestyle and choices, expect to spend around $50-$100 on monthly entertainment.
For families with children or for those planning to continue their education, schooling costs are an essential factor. New Brighton offers excellent public schools at no direct cost to families. However, if you're considering private schooling or higher education, the costs can vary significantly depending on the institution.
Hidden Costs of Living in New Brighton
While not always visible, taxes are a real part of living costs. Minnesota operates on a progressive income tax system, which means the tax rate increases as your income does. The sales tax in New Brighton is 7.125%.
Don't forget about other living expenses. Personal expenses such as clothing, fitness memberships, personal care items, and occasional treats are part of the cost of living. These costs will vary depending on your lifestyle and personal preferences.
Planning On Moving To New Brighton?
When planning on moving to New Brighton, understanding the cost of living is a crucial first step. As we've seen, the cost of living in New Brighton, MN is quite affordable compared to other areas within the Twin Cities metropolitan area.
For instance, compared to Minneapolis, New Brighton offers lower housing costs, making it an attractive option for individuals and families alike. Similarly, cities like Bloomington and Edina, while offering many amenities, come with a higher price tag in terms of the cost of living.
In addition to lower housing costs, the cost of living in New Brighton, MN also fares well when compared to other costs such as utilities, transportation, and healthcare. While it's slightly higher than rural parts of Minnesota, the amenities and proximity to the Twin Cities make New Brighton a fantastic choice for many.
Why a Moving Company is Needed
When planning your move, it's essential to consider how you'll get your belongings from point A to point B. Hiring a professional moving company can take much of the stress out of this process. That's where Daymakers Moving comes in. They are a reliable team of New Brighton, MN movers who can ensure a smooth, efficient move.
From packing your items securely to transporting them safely, the Daymakers team handles every step with care. By using professional movers, you can avoid the physical strain and logistical headaches that often come with moving. Instead, you can focus on settling into your new home in New Brighton, MN, and starting your new chapter on the right foot.
So, whether you're comparing the cost of living in New Brighton, MN, to other areas, or you're already planning your move, remember that the right moving company can make all the difference.