Cost of Living: Hot springs village, AR vs Waterman, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hot springs village Waterman
Housing Index 90.0 Data is updating
Median Home Price $265,000 $190,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1250 $Data is updating

Housing Comparison: Hot springs village vs Waterman

  • In Hot springs village, the median home price is higher at $265,000, while in Waterman it is $190,000.
  • The rent for a two-bedroom apartment is equal in both Hot springs village and Waterman 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 Waterman
Electricity Price $12.36 $16.15
Natural Gas Price $17.08 $16.59
Other Utilities $200 $Data is updating

Utilities Comparison: Hot springs village vs Waterman

  • Waterman has higher electricity costs at $16.15 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 $16.59 in Waterman.
  • Utility expenses are equal in both Hot springs village and Waterman averaging $200.