Cost of Living: Hope, AR vs Young harris, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | Young harris |
|---|---|---|
| Housing Index | 70.5 | 90.0 |
| Median Home Price | $150,000 | $259,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1231 |
Housing Comparison: Hope vs Young harris
- The median home price in Young harris is higher at $259,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in Young harris 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 | Young harris |
|---|---|---|
| Electricity Price | $12.36 | $15.53 |
| Natural Gas Price | $17.08 | $27.53 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hope vs Young harris
- Young harris has higher electricity costs at $15.53 per kWh, versus $12.36 in Hope.
- Young harris experiences higher natural gas costs at $27.53 per unit, with costs at $17.08 in Hope.
- Utility expenses are equal in both Hope and Young harris averaging $200.