Cost of Living: Lexington, NE vs Wynne, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Wynne |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $202,000 | $127,000 |
| Average Rent (2 BR Apartment) | $950 | $800 |
| Average Rent (2 BR House) | $960 | $850 |
Housing Comparison: Lexington vs Wynne
- In Lexington, the median home price is higher at $202,000, while in Wynne it is $127,000.
- Renting a two-bedroom apartment costs more in Lexington at $950 than in Wynne at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Wynne |
|---|---|---|
| Electricity Price | $12.92 | $12.36 |
| Natural Gas Price | $13.89 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lexington vs Wynne
- Electricity costs are higher in Lexington at $12.92 per kWh, compared to $12.36 in Wynne.
- Wynne experiences higher natural gas costs at $17.08 per unit, with costs at $13.89 in Lexington.
- Utility expenses are equal in both Lexington and Wynne averaging $200.