Cost of Living: Bernalillo, NM vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bernalillo | Hot springs village |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $270,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1250 |
Housing Comparison: Bernalillo vs Hot springs village
- In Bernalillo, the median home price is higher at $270,000, while in Hot springs village it is $265,000.
- Renting a two-bedroom apartment costs more in Bernalillo at $1,600 than in 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 | Bernalillo | Hot springs village |
|---|---|---|
| Electricity Price | $14.44 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Bernalillo vs Hot springs village
- Electricity costs are higher in Bernalillo at $14.44 per kWh, compared to $12.36 in Hot springs village.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Bernalillo at an average of $250, compared to Hot springs village with $200.