Cost of Living: Montour, IA vs Farmington, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montour | Farmington |
|---|---|---|
| Housing Index | Data is updating | 110.2 |
| Median Home Price | $122,000 | $346,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1640 |
Housing Comparison: Montour vs Farmington
- The median home price in Farmington is higher at $346,000, compared to $122,000 in Montour.
- The rent for a two-bedroom apartment is equal in both Montour 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 | Montour | Farmington |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $Data is updating | $220 |
Utilities Comparison: Montour vs Farmington
- Farmington has higher electricity costs at $16.38 per kWh, versus $14.82 in Montour.
- Natural gas is more expensive in Montour at $15.61 per unit, while it is cheaper at $14.87 in Farmington.
- Utility expenses are equal in both Montour and Farmington averaging $0.0.