Cost of Living: Lufkin, TX vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lufkin | Hot springs village |
|---|---|---|
| Housing Index | 82.5 | 90.0 |
| Median Home Price | $224,000 | $265,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1000 | $1250 |
Housing Comparison: Lufkin vs Hot springs village
- The median home price in Hot springs village is higher at $265,000, compared to $224,000 in Lufkin.
- Renting a two-bedroom apartment costs more in Lufkin at $950 than in Hot springs village 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 | Lufkin | Hot springs village |
|---|---|---|
| Electricity Price | $14.47 | $12.36 |
| Natural Gas Price | $26.29 | $17.08 |
| Other Utilities | $210 | $200 |
Utilities Comparison: Lufkin vs Hot springs village
- Electricity costs are higher in Lufkin at $14.47 per kWh, compared to $12.36 in Hot springs village.
- Natural gas is more expensive in Lufkin at $26.29 per unit, while it is cheaper at $17.08 in Hot springs village.
- Other utility costs are higher in Lufkin at an average of $210, compared to Hot springs village with $200.