Cost of Living: Durham, NC vs Farmington, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Durham | Farmington |
|---|---|---|
| Housing Index | 95.0 | 120.0 |
| Median Home Price | $334,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1500 | $2200 |
| Average Rent (2 BR House) | $1600 | $2240 |
Housing Comparison: Durham vs Farmington
- The median home price in Farmington is higher at $350,000, compared to $334,000 in Durham.
- In Farmington, the rental for a two-bedroom apartment stands at $2,200, while it is $1,500 in Durham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Durham | Farmington |
|---|---|---|
| Electricity Price | $13.72 | $26 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Durham vs Farmington
- Farmington has higher electricity costs at $26 per kWh, versus $13.72 in Durham.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Durham and Farmington averaging $250.