Cost of Living: Fergus falls, MN vs Waxhaw, NC

Housing

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

Metric Fergus falls Waxhaw
Housing Index 85.0 115.0
Median Home Price $248,000 $457,000
Average Rent (2 BR Apartment) $1150 $1700
Average Rent (2 BR House) $1456 $1750

Housing Comparison: Fergus falls vs Waxhaw

  • The median home price in Waxhaw is higher at $457,000, compared to $248,000 in Fergus falls.
  • In Waxhaw, the rental for a two-bedroom apartment stands at $1,700, 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 Waxhaw
Electricity Price $16.38 $13.72
Natural Gas Price $14.87 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Fergus falls vs Waxhaw

  • Electricity costs are higher in Fergus falls at $16.38 per kWh, compared to $13.72 in Waxhaw.
  • Natural gas price data is currently unavailable.
  • Waxhaw has higher utility expenses, averaging $250, while Fergus falls averages $200.