Cost of Living: Benton, AR vs Riverhead, NY

Housing

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

Metric Benton Riverhead
Housing Index 90.0 140.0
Median Home Price $196,000 $515,000
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1280 $2450

Housing Comparison: Benton vs Riverhead

  • The median home price in Riverhead is higher at $515,000, compared to $196,000 in Benton.
  • In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Benton.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Benton Riverhead
Electricity Price $12.36 $26.08
Natural Gas Price $17.08 $18.13
Other Utilities $250 $250

Utilities Comparison: Benton vs Riverhead

  • Riverhead has higher electricity costs at $26.08 per kWh, versus $12.36 in Benton.
  • Riverhead experiences higher natural gas costs at $18.13 per unit, with costs at $17.08 in Benton.
  • Utility expenses are equal in both Benton and Riverhead averaging $250.