Cost of Living: Hope, AR vs Allentown, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | Allentown |
|---|---|---|
| Housing Index | 70.5 | 98.5 |
| Median Home Price | $150,000 | $242,000 |
| Average Rent (2 BR Apartment) | $800 | $1600 |
| Average Rent (2 BR House) | $816 | $1648 |
Housing Comparison: Hope vs Allentown
- The median home price in Allentown is higher at $242,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in Allentown at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hope | Allentown |
|---|---|---|
| Electricity Price | $12.36 | $17.68 |
| Natural Gas Price | $17.08 | $17.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hope vs Allentown
- Allentown has higher electricity costs at $17.68 per kWh, versus $12.36 in Hope.
- Allentown experiences higher natural gas costs at $17.61 per unit, with costs at $17.08 in Hope.
- Allentown has higher utility expenses, averaging $250, while Hope averages $200.