Cost of Living: Fargo, ND vs Rensselaer, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fargo | Rensselaer |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $334,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1320 | $Data is updating |
Housing Comparison: Fargo vs Rensselaer
- In Fargo, the median home price is higher at $334,000, while in Rensselaer it is $205,000.
- The rent for a two-bedroom apartment is equal in both Fargo and Rensselaer 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 | Rensselaer |
|---|---|---|
| Electricity Price | $13.65 | $14.89 |
| Natural Gas Price | $10.8 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Fargo vs Rensselaer
- Rensselaer has higher electricity costs at $14.89 per kWh, versus $13.65 in Fargo.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Fargo and Rensselaer averaging $250.