Cost of Living: Ferndale, MI vs Paris, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ferndale | Paris |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $223,000 | $177,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1000 |
| Average Rent (2 BR House) | $Data is updating | $960 |
Housing Comparison: Ferndale vs Paris
- In Ferndale, the median home price is higher at $223,000, while in Paris it is $177,000.
- The rent for a two-bedroom apartment is equal in both Ferndale and Paris at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ferndale | Paris |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Ferndale vs Paris
- Electricity costs are higher in Ferndale at $19.88 per kWh, compared to $14.47 in Paris.
- Paris experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Ferndale.
- Utility expenses are equal in both Ferndale and Paris averaging $0.0.