Cost of Living: Fergus falls, MN vs Penelope, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Fergus falls Penelope
Housing Index 85.0 Data is updating
Median Home Price $248,000 $180,000
Average Rent (2 BR Apartment) $1150 $Data is updating
Average Rent (2 BR House) $1456 $Data is updating

Housing Comparison: Fergus falls vs Penelope

  • In Fergus falls, the median home price is higher at $248,000, while in Penelope it is $180,000.
  • The rent for a two-bedroom apartment is equal in both Fergus falls and Penelope at $1,150.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Fergus falls Penelope
Electricity Price $16.38 $14.47
Natural Gas Price $14.87 $26.29
Other Utilities $200 $Data is updating

Utilities Comparison: Fergus falls vs Penelope

  • Electricity costs are higher in Fergus falls at $16.38 per kWh, compared to $14.47 in Penelope.
  • Penelope 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 Penelope averaging $200.