Cost of Living: Indianapolis, IN vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Indianapolis | Fort smith |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $238,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1200 | $1200 |
Housing Comparison: Indianapolis vs Fort smith
- In Indianapolis, the median home price is higher at $238,000, while in Fort smith it is $200,000.
- Renting a two-bedroom apartment costs more in Indianapolis at $1,200 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Indianapolis | Fort smith |
|---|---|---|
| Electricity Price | $14.89 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Indianapolis vs Fort smith
- Electricity costs are higher in Indianapolis at $14.89 per kWh, compared to $12.36 in Fort smith.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Indianapolis and Fort smith averaging $200.