Cost of Living: Portland, IN vs Farmington, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Farmington |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $119,000 | $234,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1280 |
Housing Comparison: Portland vs Farmington
- The median home price in Farmington is higher at $234,000, compared to $119,000 in Portland.
- The rent for a two-bedroom apartment is equal in both Portland and Farmington at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Farmington |
|---|---|---|
| Electricity Price | $14.89 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Portland vs Farmington
- Electricity costs are higher in Portland at $14.89 per kWh, compared to $14.44 in Farmington.
- Natural gas price data is currently unavailable.
- Farmington has higher utility expenses, averaging $250, while Portland averages $220.