Cost of Living: Frisco, TX vs Detroit lakes, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Frisco | Detroit lakes |
|---|---|---|
| Housing Index | 125.0 | 95.0 |
| Median Home Price | $497,000 | $218,000 |
| Average Rent (2 BR Apartment) | $2400 | $1240 |
| Average Rent (2 BR House) | $2480 | $1296 |
Housing Comparison: Frisco vs Detroit lakes
- In Frisco, the median home price is higher at $497,000, while in Detroit lakes it is $218,000.
- Renting a two-bedroom apartment costs more in Frisco at $2,400 than in Detroit lakes at $1,240.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Frisco | Detroit lakes |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $275 | $220 |
Utilities Comparison: Frisco vs Detroit lakes
- Detroit lakes has higher electricity costs at $16.38 per kWh, versus $14.47 in Frisco.
- Natural gas is more expensive in Frisco at $26.29 per unit, while it is cheaper at $14.87 in Detroit lakes.
- Other utility costs are higher in Frisco at an average of $275, compared to Detroit lakes with $220.