Cost of Living: Cerritos, CA vs Farmington, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cerritos | Farmington |
|---|---|---|
| Housing Index | 120.0 | 110.2 |
| Median Home Price | $780,000 | $346,000 |
| Average Rent (2 BR Apartment) | $2400 | $1600 |
| Average Rent (2 BR House) | $2430 | $1640 |
Housing Comparison: Cerritos vs Farmington
- In Cerritos, the median home price is higher at $780,000, while in Farmington it is $346,000.
- Renting a two-bedroom apartment costs more in Cerritos at $2,400 than in Farmington at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cerritos | Farmington |
|---|---|---|
| Electricity Price | $32.99 | $16.38 |
| Natural Gas Price | $16.99 | $14.87 |
| Other Utilities | $280 | $220 |
Utilities Comparison: Cerritos vs Farmington
- Electricity costs are higher in Cerritos at $32.99 per kWh, compared to $16.38 in Farmington.
- Natural gas is more expensive in Cerritos at $16.99 per unit, while it is cheaper at $14.87 in Farmington.
- Other utility costs are higher in Cerritos at an average of $280, compared to Farmington with $220.