Cost of Living: Hot springs village, AR vs Little falls, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Little falls |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $265,000 | $84,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1250 | $1240 |
Housing Comparison: Hot springs village vs Little falls
- In Hot springs village, the median home price is higher at $265,000, while in Little falls it is $84,000.
- The rent for a two-bedroom apartment is equal in both Hot springs village and Little falls 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 | Little falls |
|---|---|---|
| Electricity Price | $12.36 | $16.38 |
| Natural Gas Price | $17.08 | $14.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Hot springs village vs Little falls
- Little falls has higher electricity costs at $16.38 per kWh, versus $12.36 in Hot springs village.
- Natural gas is more expensive in Hot springs village at $17.08 per unit, while it is cheaper at $14.87 in Little falls.
- Little falls has higher utility expenses, averaging $250, while Hot springs village averages $200.