Cost of Living: Fargo, ND vs Sparks, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fargo | Sparks |
|---|---|---|
| Housing Index | 90.0 | 105.0 |
| Median Home Price | $334,000 | $475,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1320 | $1628 |
Housing Comparison: Fargo vs Sparks
- The median home price in Sparks is higher at $475,000, compared to $334,000 in Fargo.
- In Sparks, the rental for a two-bedroom apartment stands at $1,600, 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 | Sparks |
|---|---|---|
| Electricity Price | $13.65 | $15.5 |
| Natural Gas Price | $10.8 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fargo vs Sparks
- Sparks has higher electricity costs at $15.5 per kWh, versus $13.65 in Fargo.
- Sparks experiences higher natural gas costs at $20.66 per unit, with costs at $10.8 in Fargo.
- Utility expenses are equal in both Fargo and Sparks averaging $250.