Cost of Living: Norfolk, NE vs Farmington, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norfolk | Farmington |
|---|---|---|
| Housing Index | 90.5 | 110.2 |
| Median Home Price | $183,000 | $346,000 |
| Average Rent (2 BR Apartment) | $800 | $1600 |
| Average Rent (2 BR House) | $864 | $1640 |
Housing Comparison: Norfolk vs Farmington
- The median home price in Farmington is higher at $346,000, compared to $183,000 in Norfolk.
- Renting a two-bedroom apartment costs more in Norfolk at $800 than in Farmington at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norfolk | Farmington |
|---|---|---|
| Electricity Price | $12.92 | $16.38 |
| Natural Gas Price | $13.89 | $14.87 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Norfolk vs Farmington
- Farmington has higher electricity costs at $16.38 per kWh, versus $12.92 in Norfolk.
- Farmington experiences higher natural gas costs at $14.87 per unit, with costs at $13.89 in Norfolk.
- Other utility costs are higher in Norfolk at an average of $250, compared to Farmington with $220.