Cost of Living: Lawrence, MA vs Farmington, MN

Housing

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

Metric Lawrence Farmington
Housing Index Data is updating 110.2
Median Home Price $375,000 $346,000
Average Rent (2 BR Apartment) $Data is updating $1600
Average Rent (2 BR House) $Data is updating $1640

Housing Comparison: Lawrence vs Farmington

  • In Lawrence, the median home price is higher at $375,000, while in Farmington it is $346,000.
  • The rent for a two-bedroom apartment is equal in both Lawrence and Farmington 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 Lawrence Farmington
Electricity Price $28.15 $16.38
Natural Gas Price $21.62 $14.87
Other Utilities $Data is updating $220

Utilities Comparison: Lawrence vs Farmington

  • Electricity costs are higher in Lawrence at $28.15 per kWh, compared to $16.38 in Farmington.
  • Natural gas is more expensive in Lawrence at $21.62 per unit, while it is cheaper at $14.87 in Farmington.
  • Utility expenses are equal in both Lawrence and Farmington averaging $0.0.