Cost of Living: Artesia, NM vs Arkadelphia, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Artesia | Arkadelphia |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $236,000 | $169,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $824 |
Housing Comparison: Artesia vs Arkadelphia
- In Artesia, the median home price is higher at $236,000, while in Arkadelphia it is $169,000.
- In Arkadelphia, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Artesia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Artesia | Arkadelphia |
|---|---|---|
| Electricity Price | $14.44 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Artesia vs Arkadelphia
- Electricity costs are higher in Artesia at $14.44 per kWh, compared to $12.36 in Arkadelphia.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Artesia at an average of $250, compared to Arkadelphia with $150.