Cost of Living: Springfield, OR vs Marshall, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Marshall |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $420,000 | $146,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1580 | $Data is updating |
Housing Comparison: Springfield vs Marshall
- In Springfield, the median home price is higher at $420,000, while in Marshall it is $146,000.
- The rent for a two-bedroom apartment is equal in both Springfield and Marshall at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Marshall |
|---|---|---|
| Electricity Price | $15.12 | $12.36 |
| Natural Gas Price | $16.5 | $17.08 |
| Other Utilities | $230 | $Data is updating |
Utilities Comparison: Springfield vs Marshall
- Electricity costs are higher in Springfield at $15.12 per kWh, compared to $12.36 in Marshall.
- Marshall experiences higher natural gas costs at $17.08 per unit, with costs at $16.5 in Springfield.
- Utility expenses are equal in both Springfield and Marshall averaging $230.