Cost of Living: Fergus falls, MN vs Orem, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fergus falls | Orem |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $248,000 | $465,000 |
| Average Rent (2 BR Apartment) | $1150 | $1600 |
| Average Rent (2 BR House) | $1456 | $1640 |
Housing Comparison: Fergus falls vs Orem
- The median home price in Orem is higher at $465,000, compared to $248,000 in Fergus falls.
- In Orem, the rental for a two-bedroom apartment stands at $1,600, 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 | Orem |
|---|---|---|
| Electricity Price | $16.38 | $11.5 |
| Natural Gas Price | $14.87 | $14 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Fergus falls vs Orem
- Electricity costs are higher in Fergus falls at $16.38 per kWh, compared to $11.5 in Orem.
- Natural gas is more expensive in Fergus falls at $14.87 per unit, while it is cheaper at $14 in Orem.
- Orem has higher utility expenses, averaging $250, while Fergus falls averages $200.