Cost of Living: Farmington, MN vs North olmsted, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | North olmsted |
|---|---|---|
| Housing Index | 110.2 | 110.0 |
| Median Home Price | $346,000 | $229,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1230 |
Housing Comparison: Farmington vs North olmsted
- In Farmington, the median home price is higher at $346,000, while in North olmsted it is $229,000.
- Renting a two-bedroom apartment costs more in Farmington at $1,600 than in North olmsted 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 | North olmsted |
|---|---|---|
| Electricity Price | $16.38 | $15.92 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Farmington vs North olmsted
- Electricity costs are higher in Farmington at $16.38 per kWh, compared to $15.92 in North olmsted.
- Natural gas price data is currently unavailable.
- North olmsted has higher utility expenses, averaging $250, while Farmington averages $220.