Cost of Living: Farmington, MN vs Janesville, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | Janesville |
|---|---|---|
| Housing Index | 110.2 | Data is updating |
| Median Home Price | $346,000 | $168,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Farmington vs Janesville
- In Farmington, the median home price is higher at $346,000, while in Janesville it is $168,000.
- The rent for a two-bedroom apartment is equal in both Farmington and Janesville at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington | Janesville |
|---|---|---|
| Electricity Price | $16.38 | $14.82 |
| Natural Gas Price | $14.87 | $15.61 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Farmington vs Janesville
- Electricity costs are higher in Farmington at $16.38 per kWh, compared to $14.82 in Janesville.
- Janesville experiences higher natural gas costs at $15.61 per unit, with costs at $14.87 in Farmington.
- Utility expenses are equal in both Farmington and Janesville averaging $220.