Cost of Living: Siloam springs, AR vs Russell springs, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Siloam springs | Russell springs |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $245,000 | $150,000 |
| Average Rent (2 BR Apartment) | $800 | $800 |
| Average Rent (2 BR House) | $850 | $850 |
Housing Comparison: Siloam springs vs Russell springs
- In Siloam springs, the median home price is higher at $245,000, while in Russell springs it is $150,000.
- The rent for a two-bedroom apartment is equal in both Siloam springs and Russell springs at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Siloam springs | Russell springs |
|---|---|---|
| Electricity Price | $12.36 | $12.87 |
| Natural Gas Price | $17.08 | $22.78 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Siloam springs vs Russell springs
- Russell springs has higher electricity costs at $12.87 per kWh, versus $12.36 in Siloam springs.
- Russell springs experiences higher natural gas costs at $22.78 per unit, with costs at $17.08 in Siloam springs.
- Utility expenses are equal in both Siloam springs and Russell springs averaging $200.