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.