Cost of Living: Dallas, TX vs Farmington, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dallas | Farmington |
|---|---|---|
| Housing Index | 115.0 | 110.2 |
| Median Home Price | $414,000 | $346,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1850 | $1640 |
Housing Comparison: Dallas vs Farmington
- In Dallas, the median home price is higher at $414,000, while in Farmington it is $346,000.
- Renting a two-bedroom apartment costs more in Dallas at $1,800 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 | Dallas | Farmington |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Dallas vs Farmington
- Farmington has higher electricity costs at $16.38 per kWh, versus $14.47 in Dallas.
- Natural gas is more expensive in Dallas at $26.29 per unit, while it is cheaper at $14.87 in Farmington.
- Other utility costs are higher in Dallas at an average of $250, compared to Farmington with $220.