Cost of Living: Fargo, ND vs Gainesboro, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fargo | Gainesboro |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $334,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1320 | $Data is updating |
Housing Comparison: Fargo vs Gainesboro
- In Fargo, the median home price is higher at $334,000, while in Gainesboro it is $185,000.
- The rent for a two-bedroom apartment is equal in both Fargo and Gainesboro 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 | Fargo | Gainesboro |
|---|---|---|
| Electricity Price | $13.65 | $12.57 |
| Natural Gas Price | $10.8 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Fargo vs Gainesboro
- Electricity costs are higher in Fargo at $13.65 per kWh, compared to $12.57 in Gainesboro.
- Gainesboro experiences higher natural gas costs at $12.35 per unit, with costs at $10.8 in Fargo.
- Utility expenses are equal in both Fargo and Gainesboro averaging $250.