Cost of Living: Hot springs village, AR vs Anderson, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Anderson |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $265,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1250 | $1280 |
Housing Comparison: Hot springs village vs Anderson
- In Hot springs village, the median home price is higher at $265,000, while in Anderson it is $185,000.
- The rent for a two-bedroom apartment is equal in both Hot springs village and Anderson 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 | Hot springs village | Anderson |
|---|---|---|
| Electricity Price | $12.36 | $14.89 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hot springs village vs Anderson
- Anderson has higher electricity costs at $14.89 per kWh, versus $12.36 in Hot springs village.
- Natural gas price data is currently unavailable.
- Anderson has higher utility expenses, averaging $250, while Hot springs village averages $200.