Cost of Living: Herkimer, NY vs Faulkner, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Herkimer | Faulkner |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $145,000 | $420,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1225 | $Data is updating |
Housing Comparison: Herkimer vs Faulkner
- The median home price in Faulkner is higher at $420,000, compared to $145,000 in Herkimer.
- The rent for a two-bedroom apartment is equal in both Herkimer and Faulkner at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Herkimer | Faulkner |
|---|---|---|
| Electricity Price | $26.08 | $17.41 |
| Natural Gas Price | $18.13 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Herkimer vs Faulkner
- Electricity costs are higher in Herkimer at $26.08 per kWh, compared to $17.41 in Faulkner.
- Faulkner experiences higher natural gas costs at $18.44 per unit, with costs at $18.13 in Herkimer.
- Utility expenses are equal in both Herkimer and Faulkner averaging $250.