Cost of Living: Fort smith, AR vs Paris, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort smith | Paris |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $200,000 | $196,000 |
| Average Rent (2 BR Apartment) | $1000 | $1200 |
| Average Rent (2 BR House) | $1200 | $1280 |
Housing Comparison: Fort smith vs Paris
- In Fort smith, the median home price is higher at $200,000, while in Paris it is $196,000.
- In Paris, the rental for a two-bedroom apartment stands at $1,200, while it is $1,000 in Fort smith.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fort smith | Paris |
|---|---|---|
| Electricity Price | $12.36 | $12.87 |
| Natural Gas Price | $17.08 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Fort smith vs Paris
- Paris has higher electricity costs at $12.87 per kWh, versus $12.36 in Fort smith.
- Paris experiences higher natural gas costs at $22.78 per unit, with costs at $17.08 in Fort smith.
- Paris has higher utility expenses, averaging $250, while Fort smith averages $200.