Cost of Living: Radford, VA vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Radford | Fort smith |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $205,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1360 | $1200 |
Housing Comparison: Radford vs Fort smith
- In Radford, the median home price is higher at $205,000, while in Fort smith it is $200,000.
- Renting a two-bedroom apartment costs more in Radford at $1,200 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Radford | Fort smith |
|---|---|---|
| Electricity Price | $15.31 | $12.36 |
| Natural Gas Price | $19.91 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Radford vs Fort smith
- Electricity costs are higher in Radford at $15.31 per kWh, compared to $12.36 in Fort smith.
- Natural gas is more expensive in Radford at $19.91 per unit, while it is cheaper at $17.08 in Fort smith.
- Other utility costs are higher in Radford at an average of $250, compared to Fort smith with $200.