Cost of Living: Palmetto, FL vs Fergus falls, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palmetto | Fergus falls |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $285,000 | $248,000 |
| Average Rent (2 BR Apartment) | $1800 | $1150 |
| Average Rent (2 BR House) | $1825 | $1456 |
Housing Comparison: Palmetto vs Fergus falls
- In Palmetto, the median home price is higher at $285,000, while in Fergus falls it is $248,000.
- Renting a two-bedroom apartment costs more in Palmetto at $1,800 than in Fergus falls at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palmetto | Fergus falls |
|---|---|---|
| Electricity Price | $13.89 | $16.38 |
| Natural Gas Price | $26.13 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Palmetto vs Fergus falls
- Fergus falls has higher electricity costs at $16.38 per kWh, versus $13.89 in Palmetto.
- Natural gas is more expensive in Palmetto at $26.13 per unit, while it is cheaper at $14.87 in Fergus falls.
- Other utility costs are higher in Palmetto at an average of $250, compared to Fergus falls with $200.