Cost of Living: Farmington hills, MI vs Artesia, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Farmington hills | Artesia |
|---|---|---|
| Housing Index | 91 | 93.8 |
| Median Home Price | $292,000 | $236,000 |
| Average Rent (2 BR Apartment) | $1139 | $1452 |
| Average Rent (2 BR House) | $1239 | $1578 |
Housing Comparison: Farmington hills vs Artesia
- In Farmington hills, the median home price is higher at $292,000, while in Artesia it is $236,000.
- In Artesia, the rental for a two-bedroom apartment stands at $1,452, while it is $1,139 in Farmington hills.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Farmington hills | Artesia |
|---|---|---|
| Electricity Price | $19.88 | $14.44 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $237 | $212 |
Utilities Comparison: Farmington hills vs Artesia
- Electricity costs are higher in Farmington hills at $19.88 per kWh, compared to $14.44 in Artesia.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Farmington hills at an average of $237, compared to Artesia with $212.