Cost of Living: Wolcottville, IN vs Hot springs village, AR

Housing

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

Metric Wolcottville Hot springs village
Housing Index 85.0 90.0
Median Home Price $184,000 $265,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1250

Housing Comparison: Wolcottville vs Hot springs village

  • The median home price in Hot springs village is higher at $265,000, compared to $184,000 in Wolcottville.
  • The rent for a two-bedroom apartment is equal in both Wolcottville and Hot springs village 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 Wolcottville Hot springs village
Electricity Price $14.89 $12.36
Natural Gas Price $Data is updating $17.08
Other Utilities $200 $200

Utilities Comparison: Wolcottville vs Hot springs village

  • Electricity costs are higher in Wolcottville at $14.89 per kWh, compared to $12.36 in Hot springs village.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Wolcottville and Hot springs village averaging $200.