Cost of Living: Knoxville, TN vs Fargo, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Knoxville | Fargo |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $250,000 | $334,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1200 | $1320 |
Housing Comparison: Knoxville vs Fargo
- The median home price in Fargo is higher at $334,000, compared to $250,000 in Knoxville.
- The rent for a two-bedroom apartment is equal in both Knoxville and Fargo 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 | Knoxville | Fargo |
|---|---|---|
| Electricity Price | $12.57 | $13.65 |
| Natural Gas Price | $12.35 | $10.8 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Knoxville vs Fargo
- Fargo has higher electricity costs at $13.65 per kWh, versus $12.57 in Knoxville.
- Natural gas is more expensive in Knoxville at $12.35 per unit, while it is cheaper at $10.8 in Fargo.
- Fargo has higher utility expenses, averaging $250, while Knoxville averages $150.