Cost of Living: Forrest city, AR vs Edgewater, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forrest city | Edgewater |
|---|---|---|
| Housing Index | 75.0 | 95.0 |
| Median Home Price | $105,000 | $329,000 |
| Average Rent (2 BR Apartment) | $800 | $1500 |
| Average Rent (2 BR House) | $850 | $1600 |
Housing Comparison: Forrest city vs Edgewater
- The median home price in Edgewater is higher at $329,000, compared to $105,000 in Forrest city.
- Renting a two-bedroom apartment costs more in Forrest city at $800 than in Edgewater at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Forrest city | Edgewater |
|---|---|---|
| Electricity Price | $12.36 | $13.89 |
| Natural Gas Price | $17.08 | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Forrest city vs Edgewater
- Edgewater has higher electricity costs at $13.89 per kWh, versus $12.36 in Forrest city.
- Edgewater experiences higher natural gas costs at $26.13 per unit, with costs at $17.08 in Forrest city.
- Edgewater has higher utility expenses, averaging $250, while Forrest city averages $200.