Cost of Living: Cabot, AR vs Redfield, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cabot | Redfield |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $217,500 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1245 | $960 |
Housing Comparison: Cabot vs Redfield
- In Cabot, the median home price is higher at $217,500, while in Redfield it is $185,000.
- In Redfield, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Cabot.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cabot | Redfield |
|---|---|---|
| Electricity Price | $12.36 | $14.82 |
| Natural Gas Price | $17.08 | $15.61 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Cabot vs Redfield
- Redfield has higher electricity costs at $14.82 per kWh, versus $12.36 in Cabot.
- Natural gas is more expensive in Cabot at $17.08 per unit, while it is cheaper at $15.61 in Redfield.
- Utility expenses are equal in both Cabot and Redfield averaging $200.