Cost of Living: Berkeley, CA vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Berkeley | Cabot |
|---|---|---|
| Housing Index | 150.0 | 90.0 |
| Median Home Price | $1,120,000 | $217,500 |
| Average Rent (2 BR Apartment) | $3200 | $1200 |
| Average Rent (2 BR House) | $3280 | $1245 |
Housing Comparison: Berkeley vs Cabot
- In Berkeley, the median home price is higher at $1,120,000, while in Cabot it is $217,500.
- Renting a two-bedroom apartment costs more in Berkeley at $3,200 than in Cabot 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 | Berkeley | Cabot |
|---|---|---|
| Electricity Price | $32.99 | $12.36 |
| Natural Gas Price | $16.99 | $17.08 |
| Other Utilities | $260 | $200 |
Utilities Comparison: Berkeley vs Cabot
- Electricity costs are higher in Berkeley at $32.99 per kWh, compared to $12.36 in Cabot.
- Cabot experiences higher natural gas costs at $17.08 per unit, with costs at $16.99 in Berkeley.
- Other utility costs are higher in Berkeley at an average of $260, compared to Cabot with $200.