Cost of Living: Hot springs village, AR vs Columbus, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Columbus |
|---|---|---|
| Housing Index | 90.0 | 75.5 |
| Median Home Price | $265,000 | $186,800 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1250 | $816 |
Housing Comparison: Hot springs village vs Columbus
- In Hot springs village, the median home price is higher at $265,000, while in Columbus it is $186,800.
- In Columbus, 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 | Columbus |
|---|---|---|
| Electricity Price | $12.36 | $13.42 |
| Natural Gas Price | $17.08 | $22.19 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hot springs village vs Columbus
- Columbus has higher electricity costs at $13.42 per kWh, versus $12.36 in Hot springs village.
- Columbus experiences higher natural gas costs at $22.19 per unit, with costs at $17.08 in Hot springs village.
- Utility expenses are equal in both Hot springs village and Columbus averaging $200.