Cost of Living: Farmington hills, MI vs Artesia, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington hills | Artesia |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $292,000 | $236,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Farmington hills vs Artesia
- In Farmington hills, the median home price is higher at $292,000, while in Artesia it is $236,000.
- The rent for a two-bedroom apartment is equal in both Farmington hills and Artesia at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington hills | Artesia |
|---|---|---|
| Electricity Price | $19.88 | $14.44 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Farmington hills vs Artesia
- Electricity costs are higher in Farmington hills at $19.88 per kWh, compared to $14.44 in Artesia.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Farmington hills and Artesia averaging $0.0.