Cost of Living: Anderson, SC vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anderson | Hot springs village |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $222,500 | $265,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1250 |
Housing Comparison: Anderson vs Hot springs village
- The median home price in Hot springs village is higher at $265,000, compared to $222,500 in Anderson.
- The rent for a two-bedroom apartment is equal in both Anderson 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 | Anderson | Hot springs village |
|---|---|---|
| Electricity Price | $14.18 | $12.36 |
| Natural Gas Price | $23.51 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Anderson vs Hot springs village
- Electricity costs are higher in Anderson at $14.18 per kWh, compared to $12.36 in Hot springs village.
- Natural gas is more expensive in Anderson at $23.51 per unit, while it is cheaper at $17.08 in Hot springs village.
- Utility expenses are equal in both Anderson and Hot springs village averaging $200.