Cost of Living: Hope, AR vs Rock springs, WY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hope Rock springs
Housing Index 70.5 Data is updating
Median Home Price $150,000 $287,000
Average Rent (2 BR Apartment) $800 $Data is updating
Average Rent (2 BR House) $816 $Data is updating

Housing Comparison: Hope vs Rock springs

  • The median home price in Rock springs is higher at $287,000, compared to $150,000 in Hope.
  • The rent for a two-bedroom apartment is equal in both Hope and Rock springs at $800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Hope Rock springs
Electricity Price $12.36 $12.9
Natural Gas Price $17.08 $13.51
Other Utilities $200 $Data is updating

Utilities Comparison: Hope vs Rock springs

  • Rock springs has higher electricity costs at $12.9 per kWh, versus $12.36 in Hope.
  • Natural gas is more expensive in Hope at $17.08 per unit, while it is cheaper at $13.51 in Rock springs.
  • Utility expenses are equal in both Hope and Rock springs averaging $200.