Cost of Living: Plano, TX vs Fergus falls, MN

Housing

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

Metric Plano Fergus falls
Housing Index 110.5 85.0
Median Home Price $454,000 $248,000
Average Rent (2 BR Apartment) $1800 $1150
Average Rent (2 BR House) $1925 $1456

Housing Comparison: Plano vs Fergus falls

  • In Plano, the median home price is higher at $454,000, while in Fergus falls it is $248,000.
  • Renting a two-bedroom apartment costs more in Plano 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 Plano Fergus falls
Electricity Price $14.47 $16.38
Natural Gas Price $26.29 $14.87
Other Utilities $250 $200

Utilities Comparison: Plano vs Fergus falls

  • Fergus falls has higher electricity costs at $16.38 per kWh, versus $14.47 in Plano.
  • Natural gas is more expensive in Plano at $26.29 per unit, while it is cheaper at $14.87 in Fergus falls.
  • Other utility costs are higher in Plano at an average of $250, compared to Fergus falls with $200.