Cost of Living: Wiggins, CO vs Hope, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wiggins | Hope |
|---|---|---|
| Housing Index | 90.0 | 70.5 |
| Median Home Price | $410,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $816 |
Housing Comparison: Wiggins vs Hope
- In Wiggins, the median home price is higher at $410,000, while in Hope it is $150,000.
- In Hope, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Wiggins.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wiggins | Hope |
|---|---|---|
| Electricity Price | $15.21 | $12.36 |
| Natural Gas Price | $11.3 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Wiggins vs Hope
- Electricity costs are higher in Wiggins at $15.21 per kWh, compared to $12.36 in Hope.
- Hope experiences higher natural gas costs at $17.08 per unit, with costs at $11.3 in Wiggins.
- Other utility costs are higher in Wiggins at an average of $250, compared to Hope with $200.