Cost of Living: Springfield, MO vs Fernley, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Fernley |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $215,000 | $385,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $960 | $1350 |
Housing Comparison: Springfield vs Fernley
- The median home price in Fernley is higher at $385,000, compared to $215,000 in Springfield.
- Renting a two-bedroom apartment costs more in Springfield at $900 than in Fernley 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 | Springfield | Fernley |
|---|---|---|
| Electricity Price | $14.64 | $15.5 |
| Natural Gas Price | $23.25 | $20.66 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Springfield vs Fernley
- Fernley has higher electricity costs at $15.5 per kWh, versus $14.64 in Springfield.
- Natural gas is more expensive in Springfield at $23.25 per unit, while it is cheaper at $20.66 in Fernley.
- Fernley has higher utility expenses, averaging $250, while Springfield averages $200.