Cost of Living: Hope, AR vs Yuma, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hope | Yuma |
|---|---|---|
| Housing Index | 70.5 | 95.3 |
| Median Home Price | $150,000 | $254,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1280 |
Housing Comparison: Hope vs Yuma
- The median home price in Yuma is higher at $254,000, compared to $150,000 in Hope.
- Renting a two-bedroom apartment costs more in Hope at $800 than in Yuma 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 | Yuma |
|---|---|---|
| Electricity Price | $12.36 | $15.14 |
| Natural Gas Price | $17.08 | $23.51 |
| Other Utilities | $200 | $210 |
Utilities Comparison: Hope vs Yuma
- Yuma has higher electricity costs at $15.14 per kWh, versus $12.36 in Hope.
- Yuma experiences higher natural gas costs at $23.51 per unit, with costs at $17.08 in Hope.
- Yuma has higher utility expenses, averaging $210, while Hope averages $200.