Cost of Living: Hope, AR vs Eunice, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | Eunice |
|---|---|---|
| Housing Index | 70.5 | 98.0 |
| Median Home Price | $150,000 | $160,000 |
| Average Rent (2 BR Apartment) | $800 | $1495 |
| Average Rent (2 BR House) | $816 | $1512 |
Housing Comparison: Hope vs Eunice
- The median home price in Eunice is higher at $160,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in Eunice at $1,495.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hope | Eunice |
|---|---|---|
| Electricity Price | $12.36 | $14.44 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hope vs Eunice
- Eunice has higher electricity costs at $14.44 per kWh, versus $12.36 in Hope.
- Natural gas price data is currently unavailable.
- Eunice has higher utility expenses, averaging $250, while Hope averages $200.