Cost of Living: Farmington hills, MI vs Meridian, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington hills | Meridian |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $292,000 | $427,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1940 |
Housing Comparison: Farmington hills vs Meridian
- The median home price in Meridian is higher at $427,000, compared to $292,000 in Farmington hills.
- The rent for a two-bedroom apartment is equal in both Farmington hills and Meridian 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 | Meridian |
|---|---|---|
| Electricity Price | $19.88 | $12.28 |
| Natural Gas Price | $15.42 | $9.87 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Farmington hills vs Meridian
- Electricity costs are higher in Farmington hills at $19.88 per kWh, compared to $12.28 in Meridian.
- Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $15.42 in Farmington hills.
- Utility expenses are equal in both Farmington hills and Meridian averaging $0.0.