Cost of Living: Farmington hills, MI vs Rayne, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington hills | Rayne |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $292,000 | $134,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1300 |
Housing Comparison: Farmington hills vs Rayne
- In Farmington hills, the median home price is higher at $292,000, while in Rayne it is $134,000.
- The rent for a two-bedroom apartment is equal in both Farmington hills and Rayne at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington hills | Rayne |
|---|---|---|
| Electricity Price | $19.88 | $11.42 |
| Natural Gas Price | $15.42 | $19.48 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Farmington hills vs Rayne
- Electricity costs are higher in Farmington hills at $19.88 per kWh, compared to $11.42 in Rayne.
- Rayne experiences higher natural gas costs at $19.48 per unit, with costs at $15.42 in Farmington hills.
- Utility expenses are equal in both Farmington hills and Rayne averaging $0.0.