Cost of Living: Federal way, WA vs Waldron, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Federal way | Waldron |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $566,500 | $100,000 |
| Average Rent (2 BR Apartment) | $2200 | $800 |
| Average Rent (2 BR House) | $2240 | $816 |
Housing Comparison: Federal way vs Waldron
- In Federal way, the median home price is higher at $566,500, while in Waldron it is $100,000.
- In Waldron, the rental for a two-bedroom apartment stands at $800, while it is $2,200 in Federal way.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Federal way | Waldron |
|---|---|---|
| Electricity Price | $12.34 | $12.36 |
| Natural Gas Price | $18.14 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Federal way vs Waldron
- Waldron has higher electricity costs at $12.36 per kWh, versus $12.34 in Federal way.
- Natural gas is more expensive in Federal way at $18.14 per unit, while it is cheaper at $17.08 in Waldron.
- Other utility costs are higher in Federal way at an average of $250, compared to Waldron with $200.