Cost of Living: Farmington, MN vs Hudson, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | Hudson |
|---|---|---|
| Housing Index | 110.2 | 110.0 |
| Median Home Price | $346,000 | $330,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1300 |
Housing Comparison: Farmington vs Hudson
- In Farmington, the median home price is higher at $346,000, while in Hudson it is $330,000.
- Renting a two-bedroom apartment costs more in Farmington at $1,600 than in Hudson 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 | Farmington | Hudson |
|---|---|---|
| Electricity Price | $16.38 | $17.6 |
| Natural Gas Price | $14.87 | $11.5 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Farmington vs Hudson
- Hudson has higher electricity costs at $17.6 per kWh, versus $16.38 in Farmington.
- Natural gas is more expensive in Farmington at $14.87 per unit, while it is cheaper at $11.5 in Hudson.
- Hudson has higher utility expenses, averaging $250, while Farmington averages $220.