Cost of Living: Cabot, AR vs Pharr, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Pharr |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $217,500 | $209,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1245 | $1280 |
Housing Comparison: Cabot vs Pharr
- In Cabot, the median home price is higher at $217,500, while in Pharr it is $209,000.
- The rent for a two-bedroom apartment is equal in both Cabot and Pharr 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 | Cabot | Pharr |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cabot vs Pharr
- Pharr has higher electricity costs at $14.47 per kWh, versus $12.36 in Cabot.
- Pharr experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Cabot.
- Pharr has higher utility expenses, averaging $250, while Cabot averages $200.