Cost of Living: Meyersdale, PA vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Meyersdale | Cabot |
---|---|---|
Housing Index | 80.0 | 90.0 |
Median Home Price | $92,000 | $217,500 |
Average Rent (2 BR Apartment) | $960 | $1200 |
Average Rent (2 BR House) | $1008 | $1245 |
Housing Comparison: Meyersdale vs Cabot
- The median home price in Cabot is higher at $217,500, compared to $92,000 in Meyersdale.
- Renting a two-bedroom apartment costs more in Meyersdale at $960 than in Cabot 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 | Meyersdale | Cabot |
---|---|---|
Electricity Price | $17.68 | $12.36 |
Natural Gas Price | $17.61 | $17.08 |
Other Utilities | $250 | $200 |
Utilities Comparison: Meyersdale vs Cabot
- Electricity costs are higher in Meyersdale at $17.68 per kWh, compared to $12.36 in Cabot.
- Natural gas is more expensive in Meyersdale at $17.61 per unit, while it is cheaper at $17.08 in Cabot.
- Other utility costs are higher in Meyersdale at an average of $250, compared to Cabot with $200.