Cost of Living: Forrest city, AR vs Anderson, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forrest city | Anderson |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $105,000 | $222,500 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $850 | $1280 |
Housing Comparison: Forrest city vs Anderson
- The median home price in Anderson is higher at $222,500, compared to $105,000 in Forrest city.
- Renting a two-bedroom apartment costs more in Forrest city at $800 than in Anderson 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 | Forrest city | Anderson |
|---|---|---|
| Electricity Price | $12.36 | $14.18 |
| Natural Gas Price | $17.08 | $23.51 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Forrest city vs Anderson
- Anderson has higher electricity costs at $14.18 per kWh, versus $12.36 in Forrest city.
- Anderson experiences higher natural gas costs at $23.51 per unit, with costs at $17.08 in Forrest city.
- Utility expenses are equal in both Forrest city and Anderson averaging $200.