Cost of Living: Hope, AR vs North olmsted, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | North olmsted |
|---|---|---|
| Housing Index | 70.5 | 110.0 |
| Median Home Price | $150,000 | $229,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1230 |
Housing Comparison: Hope vs North olmsted
- The median home price in North olmsted is higher at $229,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in North olmsted at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hope | North olmsted |
|---|---|---|
| Electricity Price | $12.36 | $15.92 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hope vs North olmsted
- North olmsted has higher electricity costs at $15.92 per kWh, versus $12.36 in Hope.
- Natural gas price data is currently unavailable.
- North olmsted has higher utility expenses, averaging $250, while Hope averages $200.