Cost of Living: Plano, TX vs Merrimac, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Plano | Merrimac |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $454,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1925 | $Data is updating |
Housing Comparison: Plano vs Merrimac
- In Plano, the median home price is higher at $454,000, while in Merrimac it is $250,000.
- The rent for a two-bedroom apartment is equal in both Plano and Merrimac at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Plano | Merrimac |
|---|---|---|
| Electricity Price | $14.47 | $17.6 |
| Natural Gas Price | $26.29 | $11.5 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Plano vs Merrimac
- Merrimac has higher electricity costs at $17.6 per kWh, versus $14.47 in Plano.
- Natural gas is more expensive in Plano at $26.29 per unit, while it is cheaper at $11.5 in Merrimac.
- Utility expenses are equal in both Plano and Merrimac averaging $250.