Cost of Living: Bolivar, TN vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bolivar | Fort smith |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $173,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1000 | $1000 |
| Average Rent (2 BR House) | $1024 | $1200 |
Housing Comparison: Bolivar vs Fort smith
- The median home price in Fort smith is higher at $200,000, compared to $173,000 in Bolivar.
- The rent for a two-bedroom apartment is equal in both Bolivar and Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bolivar | Fort smith |
|---|---|---|
| Electricity Price | $12.57 | $12.36 |
| Natural Gas Price | $12.35 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Bolivar vs Fort smith
- Electricity costs are higher in Bolivar at $12.57 per kWh, compared to $12.36 in Fort smith.
- Fort smith experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Bolivar.
- Other utility costs are higher in Bolivar at an average of $250, compared to Fort smith with $200.