Cost of Living: Water valley, MS vs Little rock, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Water valley | Little rock |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $124,000 | $222,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1080 |
Housing Comparison: Water valley vs Little rock
- The median home price in Little rock is higher at $222,000, compared to $124,000 in Water valley.
- Renting a two-bedroom apartment costs more in Water valley at $800 than in Little rock 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 | Water valley | Little rock |
|---|---|---|
| Electricity Price | $13.42 | $12.36 |
| Natural Gas Price | $22.19 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Water valley vs Little rock
- Electricity costs are higher in Water valley at $13.42 per kWh, compared to $12.36 in Little rock.
- Natural gas is more expensive in Water valley at $22.19 per unit, while it is cheaper at $17.08 in Little rock.
- Utility expenses are equal in both Water valley and Little rock averaging $200.