Cost of Living: Mountain home, AR vs Providence, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mountain home | Providence |
|---|---|---|
| Housing Index | 102.0 | 125.0 |
| Median Home Price | $197,000 | $335,000 |
| Average Rent (2 BR Apartment) | $950 | $2200 |
| Average Rent (2 BR House) | $960 | $2240 |
Housing Comparison: Mountain home vs Providence
- The median home price in Providence is higher at $335,000, compared to $197,000 in Mountain home.
- Renting a two-bedroom apartment costs more in Mountain home at $950 than in Providence at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mountain home | Providence |
|---|---|---|
| Electricity Price | $12.36 | $27.03 |
| Natural Gas Price | $17.08 | $21.52 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mountain home vs Providence
- Providence has higher electricity costs at $27.03 per kWh, versus $12.36 in Mountain home.
- Providence experiences higher natural gas costs at $21.52 per unit, with costs at $17.08 in Mountain home.
- Utility expenses are equal in both Mountain home and Providence averaging $250.