Cost of Living: Hope, AR vs West lafayette, IN

Housing

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

Metric Hope West lafayette
Housing Index 70.5 Data is updating
Median Home Price $150,000 $210,000
Average Rent (2 BR Apartment) $800 $Data is updating
Average Rent (2 BR House) $816 $Data is updating

Housing Comparison: Hope vs West lafayette

  • The median home price in West lafayette is higher at $210,000, compared to $150,000 in Hope.
  • The rent for a two-bedroom apartment is equal in both Hope and West lafayette 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 West lafayette
Electricity Price $12.36 $14.89
Natural Gas Price $17.08 $Data is updating
Other Utilities $200 $Data is updating

Utilities Comparison: Hope vs West lafayette

  • West lafayette has higher electricity costs at $14.89 per kWh, versus $12.36 in Hope.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Hope and West lafayette averaging $200.