Cost of Living: Eutaw, AL vs Hope, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Eutaw | Hope |
|---|---|---|
| Housing Index | 80.0 | 70.5 |
| Median Home Price | $128,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $816 |
Housing Comparison: Eutaw vs Hope
- The median home price in Hope is higher at $150,000, compared to $128,000 in Eutaw.
- In Hope, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Eutaw.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Eutaw | Hope |
|---|---|---|
| Electricity Price | $15.03 | $12.36 |
| Natural Gas Price | $21.76 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Eutaw vs Hope
- Electricity costs are higher in Eutaw at $15.03 per kWh, compared to $12.36 in Hope.
- Natural gas is more expensive in Eutaw at $21.76 per unit, while it is cheaper at $17.08 in Hope.
- Utility expenses are equal in both Eutaw and Hope averaging $200.