Cost of Living: Hot springs village, AR vs Falmouth, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Falmouth |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $265,000 | $723,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1250 | $Data is updating |
Housing Comparison: Hot springs village vs Falmouth
- The median home price in Falmouth is higher at $723,000, compared to $265,000 in Hot springs village.
- The rent for a two-bedroom apartment is equal in both Hot springs village and Falmouth 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 | Falmouth |
|---|---|---|
| Electricity Price | $12.36 | $28.15 |
| Natural Gas Price | $17.08 | $21.62 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Hot springs village vs Falmouth
- Falmouth has higher electricity costs at $28.15 per kWh, versus $12.36 in Hot springs village.
- Falmouth experiences higher natural gas costs at $21.62 per unit, with costs at $17.08 in Hot springs village.
- Utility expenses are equal in both Hot springs village and Falmouth averaging $200.