Cost of Living: Texarkana, AR vs Martinsville, IN

Housing

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

Metric Texarkana Martinsville
Housing Index 90.0 95.0
Median Home Price $158,000 $190,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1120

Housing Comparison: Texarkana vs Martinsville

  • The median home price in Martinsville is higher at $190,000, compared to $158,000 in Texarkana.
  • The rent for a two-bedroom apartment is equal in both Texarkana and Martinsville 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 Texarkana Martinsville
Electricity Price $12.36 $14.89
Natural Gas Price $17.08 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Texarkana vs Martinsville

  • Martinsville has higher electricity costs at $14.89 per kWh, versus $12.36 in Texarkana.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Texarkana and Martinsville averaging $250.