Cost of Living: High point, NC vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | High point | Hot springs village |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $267,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1100 | $1200 |
| Average Rent (2 BR House) | $1200 | $1250 |
Housing Comparison: High point vs Hot springs village
- In High point, the median home price is higher at $267,000, while in Hot springs village it is $265,000.
- In Hot springs village, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in High point.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | High point | Hot springs village |
|---|---|---|
| Electricity Price | $13.72 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: High point vs Hot springs village
- Electricity costs are higher in High point at $13.72 per kWh, compared to $12.36 in Hot springs village.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both High point and Hot springs village averaging $200.