Cost of Living: Federal way, WA vs Fernley, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Federal way | Fernley |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $566,500 | $385,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1350 |
Housing Comparison: Federal way vs Fernley
- In Federal way, the median home price is higher at $566,500, while in Fernley it is $385,000.
- Renting a two-bedroom apartment costs more in Federal way at $2,200 than in Fernley 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 | Federal way | Fernley |
|---|---|---|
| Electricity Price | $12.34 | $15.5 |
| Natural Gas Price | $18.14 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Federal way vs Fernley
- Fernley has higher electricity costs at $15.5 per kWh, versus $12.34 in Federal way.
- Fernley experiences higher natural gas costs at $20.66 per unit, with costs at $18.14 in Federal way.
- Utility expenses are equal in both Federal way and Fernley averaging $250.