Cost of Living: Faribault, MN vs Pearl city, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Faribault | Pearl city |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $226,000 | $746,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Faribault vs Pearl city
- The median home price in Pearl city is higher at $746,000, compared to $226,000 in Faribault.
- The rent for a two-bedroom apartment is equal in both Faribault and Pearl city 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 | Faribault | Pearl city |
|---|---|---|
| Electricity Price | $16.38 | $42.45 |
| Natural Gas Price | $14.87 | $51.22 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Faribault vs Pearl city
- Pearl city has higher electricity costs at $42.45 per kWh, versus $16.38 in Faribault.
- Pearl city experiences higher natural gas costs at $51.22 per unit, with costs at $14.87 in Faribault.
- Utility expenses are equal in both Faribault and Pearl city averaging $250.