Cost of Living: Farmington, MN vs Syracuse, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington | Syracuse |
|---|---|---|
| Housing Index | 110.2 | 120.0 |
| Median Home Price | $346,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1600 | $1800 |
| Average Rent (2 BR House) | $1640 | $1600 |
Housing Comparison: Farmington vs Syracuse
- In Farmington, the median home price is higher at $346,000, while in Syracuse it is $185,000.
- In Syracuse, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Farmington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington | Syracuse |
|---|---|---|
| Electricity Price | $16.38 | $26.08 |
| Natural Gas Price | $14.87 | $18.13 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Farmington vs Syracuse
- Syracuse has higher electricity costs at $26.08 per kWh, versus $16.38 in Farmington.
- Syracuse experiences higher natural gas costs at $18.13 per unit, with costs at $14.87 in Farmington.
- Syracuse has higher utility expenses, averaging $250, while Farmington averages $220.