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.