Cost of Living: Farmington, MN vs Mesquite, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | Mesquite |
|---|---|---|
| Housing Index | 110.2 | 110.0 |
| Median Home Price | $346,000 | $355,000 |
| Average Rent (2 BR Apartment) | $1600 | $1450 |
| Average Rent (2 BR House) | $1640 | $1500 |
Housing Comparison: Farmington vs Mesquite
- The median home price in Mesquite is higher at $355,000, compared to $346,000 in Farmington.
- Renting a two-bedroom apartment costs more in Farmington at $1,600 than in Mesquite at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington | Mesquite |
|---|---|---|
| Electricity Price | $16.38 | $14.47 |
| Natural Gas Price | $14.87 | $26.29 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Farmington vs Mesquite
- Electricity costs are higher in Farmington at $16.38 per kWh, compared to $14.47 in Mesquite.
- Mesquite experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Farmington.
- Mesquite has higher utility expenses, averaging $250, while Farmington averages $220.