Cost of Living: Cabot, AR vs Fargo, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Fargo |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $217,500 | $334,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1245 | $1320 |
Housing Comparison: Cabot vs Fargo
- The median home price in Fargo is higher at $334,000, compared to $217,500 in Cabot.
- The rent for a two-bedroom apartment is equal in both Cabot and Fargo at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cabot | Fargo |
|---|---|---|
| Electricity Price | $12.36 | $13.65 |
| Natural Gas Price | $17.08 | $10.8 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cabot vs Fargo
- Fargo has higher electricity costs at $13.65 per kWh, versus $12.36 in Cabot.
- Natural gas is more expensive in Cabot at $17.08 per unit, while it is cheaper at $10.8 in Fargo.
- Fargo has higher utility expenses, averaging $250, while Cabot averages $200.