Cost of Living: Newark, OH vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newark | Fort smith |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $176,250 | $200,000 |
| Average Rent (2 BR Apartment) | $1120 | $1000 |
| Average Rent (2 BR House) | $1136 | $1200 |
Housing Comparison: Newark vs Fort smith
- The median home price in Fort smith is higher at $200,000, compared to $176,250 in Newark.
- Renting a two-bedroom apartment costs more in Newark at $1,120 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newark | Fort smith |
|---|---|---|
| Electricity Price | $15.92 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Newark vs Fort smith
- Electricity costs are higher in Newark at $15.92 per kWh, compared to $12.36 in Fort smith.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Newark at an average of $220, compared to Fort smith with $200.