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.