Cost of Living: Fergus falls, MN vs Austin, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fergus falls | Austin |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $248,000 | $572,000 |
| Average Rent (2 BR Apartment) | $1150 | $1800 |
| Average Rent (2 BR House) | $1456 | $1840 |
Housing Comparison: Fergus falls vs Austin
- The median home price in Austin is higher at $572,000, compared to $248,000 in Fergus falls.
- In Austin, the rental for a two-bedroom apartment stands at $1,800, while it is $1,150 in Fergus falls.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fergus falls | Austin |
|---|---|---|
| Electricity Price | $16.38 | $14.47 |
| Natural Gas Price | $14.87 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Fergus falls vs Austin
- Electricity costs are higher in Fergus falls at $16.38 per kWh, compared to $14.47 in Austin.
- Austin experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Fergus falls.
- Utility expenses are equal in both Fergus falls and Austin averaging $200.