Cost of Living: Texarkana, AR vs Chester, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Texarkana Chester
Housing Index 90.0 105.0
Median Home Price $158,000 $335,000
Average Rent (2 BR Apartment) $1200 $1500
Average Rent (2 BR House) $1280 $1600

Housing Comparison: Texarkana vs Chester

  • The median home price in Chester is higher at $335,000, compared to $158,000 in Texarkana.
  • In Chester, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Texarkana.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Texarkana Chester
Electricity Price $12.36 $15.31
Natural Gas Price $17.08 $19.91
Other Utilities $250 $250

Utilities Comparison: Texarkana vs Chester

  • Chester has higher electricity costs at $15.31 per kWh, versus $12.36 in Texarkana.
  • Chester experiences higher natural gas costs at $19.91 per unit, with costs at $17.08 in Texarkana.
  • Utility expenses are equal in both Texarkana and Chester averaging $250.