Cost of Living: Hot springs village, AR vs Beckley, WV
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Hot springs village | Beckley |
---|---|---|
Housing Index | 90.0 | 75.0 |
Median Home Price | $265,000 | $155,000 |
Average Rent (2 BR Apartment) | $1200 | $800 |
Average Rent (2 BR House) | $1250 | $800 |
Housing Comparison: Hot springs village vs Beckley
- In Hot springs village, the median home price is higher at $265,000, while in Beckley it is $155,000.
- In Beckley, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Hot springs village.
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 | Beckley |
---|---|---|
Electricity Price | $12.36 | $15.48 |
Natural Gas Price | $17.08 | $23.05 |
Other Utilities | $200 | $180 |
Utilities Comparison: Hot springs village vs Beckley
- Beckley has higher electricity costs at $15.48 per kWh, versus $12.36 in Hot springs village.
- Beckley experiences higher natural gas costs at $23.05 per unit, with costs at $17.08 in Hot springs village.
- Other utility costs are higher in Hot springs village at an average of $200, compared to Beckley with $180.