Cost of Living: Euless, TX vs Faribault, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Euless | Faribault |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $341,000 | $226,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Euless vs Faribault
- In Euless, the median home price is higher at $341,000, while in Faribault it is $226,000.
- Renting a two-bedroom apartment costs more in Euless 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 | Euless | Faribault |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Euless vs Faribault
- Faribault has higher electricity costs at $16.38 per kWh, versus $14.47 in Euless.
- Natural gas is more expensive in Euless at $26.29 per unit, while it is cheaper at $14.87 in Faribault.
- Utility expenses are equal in both Euless and Faribault averaging $250.