Cost of Living: Hot springs village, AR vs Mesa, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Mesa |
|---|---|---|
| Housing Index | 90.0 | 102.0 |
| Median Home Price | $265,000 | $408,000 |
| Average Rent (2 BR Apartment) | $1200 | $1400 |
| Average Rent (2 BR House) | $1250 | $1440 |
Housing Comparison: Hot springs village vs Mesa
- The median home price in Mesa is higher at $408,000, compared to $265,000 in Hot springs village.
- In Mesa, the rental for a two-bedroom apartment stands at $1,400, 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 | Mesa |
|---|---|---|
| Electricity Price | $12.36 | $15.14 |
| Natural Gas Price | $17.08 | $23.51 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hot springs village vs Mesa
- Mesa has higher electricity costs at $15.14 per kWh, versus $12.36 in Hot springs village.
- Mesa experiences higher natural gas costs at $23.51 per unit, with costs at $17.08 in Hot springs village.
- Utility expenses are equal in both Hot springs village and Mesa averaging $200.