Cost of Living: Bossier city, LA vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bossier city | Siloam springs |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $220,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1350 | $850 |
Housing Comparison: Bossier city vs Siloam springs
- The median home price in Siloam springs is higher at $245,000, compared to $220,000 in Bossier city.
- In Siloam springs, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Bossier city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bossier city | Siloam springs |
|---|---|---|
| Electricity Price | $11.42 | $12.36 |
| Natural Gas Price | $19.48 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Bossier city vs Siloam springs
- Siloam springs has higher electricity costs at $12.36 per kWh, versus $11.42 in Bossier city.
- Natural gas is more expensive in Bossier city at $19.48 per unit, while it is cheaper at $17.08 in Siloam springs.
- Other utility costs are higher in Bossier city at an average of $250, compared to Siloam springs with $200.