Cost of Living: Minot, ND vs Frisco, TX

Housing

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

Metric Minot Frisco
Housing Index 90.0 125.0
Median Home Price $273,000 $497,000
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1300 $2480

Housing Comparison: Minot vs Frisco

  • The median home price in Frisco is higher at $497,000, compared to $273,000 in Minot.
  • In Frisco, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Minot.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Minot Frisco
Electricity Price $13.65 $14.47
Natural Gas Price $10.8 $26.29
Other Utilities $200 $275

Utilities Comparison: Minot vs Frisco

  • Frisco has higher electricity costs at $14.47 per kWh, versus $13.65 in Minot.
  • Frisco experiences higher natural gas costs at $26.29 per unit, with costs at $10.8 in Minot.
  • Frisco has higher utility expenses, averaging $275, while Minot averages $200.