Cost of Living: Hope, AR vs Jacksonville, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | Jacksonville |
|---|---|---|
| Housing Index | 70.5 | 110.0 |
| Median Home Price | $150,000 | $300,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $816 | $1920 |
Housing Comparison: Hope vs Jacksonville
- The median home price in Jacksonville is higher at $300,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in Jacksonville at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hope | Jacksonville |
|---|---|---|
| Electricity Price | $12.36 | $13.89 |
| Natural Gas Price | $17.08 | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hope vs Jacksonville
- Jacksonville has higher electricity costs at $13.89 per kWh, versus $12.36 in Hope.
- Jacksonville experiences higher natural gas costs at $26.13 per unit, with costs at $17.08 in Hope.
- Jacksonville has higher utility expenses, averaging $250, while Hope averages $200.