Cost of Living: Mountain home, AR vs Springfield, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mountain home | Springfield |
|---|---|---|
| Housing Index | 102.0 | 85.0 |
| Median Home Price | $197,000 | $215,000 |
| Average Rent (2 BR Apartment) | $950 | $900 |
| Average Rent (2 BR House) | $960 | $960 |
Housing Comparison: Mountain home vs Springfield
- The median home price in Springfield is higher at $215,000, compared to $197,000 in Mountain home.
- Renting a two-bedroom apartment costs more in Mountain home at $950 than in Springfield at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mountain home | Springfield |
|---|---|---|
| Electricity Price | $12.36 | $14.64 |
| Natural Gas Price | $17.08 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Mountain home vs Springfield
- Springfield has higher electricity costs at $14.64 per kWh, versus $12.36 in Mountain home.
- Springfield experiences higher natural gas costs at $23.25 per unit, with costs at $17.08 in Mountain home.
- Other utility costs are higher in Mountain home at an average of $250, compared to Springfield with $200.