Cost of Living: Clovis, CA vs Faribault, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clovis | Faribault |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $436,000 | $226,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1845 | $1280 |
Housing Comparison: Clovis vs Faribault
- In Clovis, the median home price is higher at $436,000, while in Faribault it is $226,000.
- Renting a two-bedroom apartment costs more in Clovis at $1,800 than in Faribault 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 | Clovis | Faribault |
|---|---|---|
| Electricity Price | $32.99 | $16.38 |
| Natural Gas Price | $16.99 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Clovis vs Faribault
- Electricity costs are higher in Clovis at $32.99 per kWh, compared to $16.38 in Faribault.
- Natural gas is more expensive in Clovis at $16.99 per unit, while it is cheaper at $14.87 in Faribault.
- Utility expenses are equal in both Clovis and Faribault averaging $250.