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.