Cost of Living: Hot springs village, AR vs Abilene, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Abilene |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $265,000 | $234,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1250 | $1360 |
Housing Comparison: Hot springs village vs Abilene
- In Hot springs village, the median home price is higher at $265,000, while in Abilene it is $234,000.
- The rent for a two-bedroom apartment is equal in both Hot springs village and Abilene at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hot springs village | Abilene |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hot springs village vs Abilene
- Abilene has higher electricity costs at $14.47 per kWh, versus $12.36 in Hot springs village.
- Abilene experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Hot springs village.
- Utility expenses are equal in both Hot springs village and Abilene averaging $200.