Cost of Living: Montgomery village, MD vs Farmington, MN

Housing

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

Metric Montgomery village Farmington
Housing Index Data is updating 110.2
Median Home Price $515,000 $346,000
Average Rent (2 BR Apartment) $Data is updating $1600
Average Rent (2 BR House) $Data is updating $1640

Housing Comparison: Montgomery village vs Farmington

  • In Montgomery village, the median home price is higher at $515,000, while in Farmington it is $346,000.
  • The rent for a two-bedroom apartment is equal in both Montgomery village 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 Montgomery village Farmington
Electricity Price $17.41 $16.38
Natural Gas Price $18.44 $14.87
Other Utilities $Data is updating $220

Utilities Comparison: Montgomery village vs Farmington

  • Electricity costs are higher in Montgomery village at $17.41 per kWh, compared to $16.38 in Farmington.
  • Natural gas is more expensive in Montgomery village at $18.44 per unit, while it is cheaper at $14.87 in Farmington.
  • Utility expenses are equal in both Montgomery village and Farmington averaging $0.0.