Cost of Living: Lexington, NE vs Glenwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Glenwood |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $202,000 | $150,000 |
| Average Rent (2 BR Apartment) | $950 | $800 |
| Average Rent (2 BR House) | $960 | $840 |
Housing Comparison: Lexington vs Glenwood
- In Lexington, the median home price is higher at $202,000, while in Glenwood it is $150,000.
- Renting a two-bedroom apartment costs more in Lexington at $950 than in Glenwood at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Glenwood |
|---|---|---|
| Electricity Price | $12.92 | $12.36 |
| Natural Gas Price | $13.89 | $17.08 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lexington vs Glenwood
- Electricity costs are higher in Lexington at $12.92 per kWh, compared to $12.36 in Glenwood.
- Glenwood experiences higher natural gas costs at $17.08 per unit, with costs at $13.89 in Lexington.
- Glenwood has higher utility expenses, averaging $250, while Lexington averages $200.