Cost of Living: Dallas, TX vs Ferndale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dallas | Ferndale |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $414,000 | $223,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1850 | $Data is updating |
Housing Comparison: Dallas vs Ferndale
- In Dallas, the median home price is higher at $414,000, while in Ferndale it is $223,000.
- The rent for a two-bedroom apartment is equal in both Dallas and Ferndale at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Dallas | Ferndale |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Dallas vs Ferndale
- Ferndale has higher electricity costs at $19.88 per kWh, versus $14.47 in Dallas.
- Natural gas is more expensive in Dallas at $26.29 per unit, while it is cheaper at $15.42 in Ferndale.
- Utility expenses are equal in both Dallas and Ferndale averaging $250.