Cost of Living: Fargo, ND vs Duluth, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fargo | Duluth |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $334,000 | $242,500 |
| Average Rent (2 BR Apartment) | $1200 | $1450 |
| Average Rent (2 BR House) | $1320 | $1600 |
Housing Comparison: Fargo vs Duluth
- In Fargo, the median home price is higher at $334,000, while in Duluth it is $242,500.
- In Duluth, the rental for a two-bedroom apartment stands at $1,450, while it is $1,200 in Fargo.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fargo | Duluth |
|---|---|---|
| Electricity Price | $13.65 | $16.38 |
| Natural Gas Price | $10.8 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Fargo vs Duluth
- Duluth has higher electricity costs at $16.38 per kWh, versus $13.65 in Fargo.
- Duluth experiences higher natural gas costs at $14.87 per unit, with costs at $10.8 in Fargo.
- Other utility costs are higher in Fargo at an average of $250, compared to Duluth with $200.