Cost of Living: New roads, LA vs West memphis, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New roads | West memphis |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $135,000 | $124,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $856 |
Housing Comparison: New roads vs West memphis
- In New roads, the median home price is higher at $135,000, while in West memphis it is $124,000.
- The rent for a two-bedroom apartment is equal in both New roads and West memphis at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New roads | West memphis |
|---|---|---|
| Electricity Price | $11.42 | $12.36 |
| Natural Gas Price | $19.48 | $17.08 |
| Other Utilities | $Data is updating | $150 |
Utilities Comparison: New roads vs West memphis
- West memphis has higher electricity costs at $12.36 per kWh, versus $11.42 in New roads.
- Natural gas is more expensive in New roads at $19.48 per unit, while it is cheaper at $17.08 in West memphis.
- Utility expenses are equal in both New roads and West memphis averaging $0.0.