Cost of Living: North little rock, AR vs Fernley, NV

Housing

The housing market plays a significant role in determining the cost of living.

Metric North little rock Fernley
Housing Index 80.0 90.0
Median Home Price $231,000 $385,000
Average Rent (2 BR Apartment) $1000 $1200
Average Rent (2 BR House) $900 $1350

Housing Comparison: North little rock vs Fernley

  • The median home price in Fernley is higher at $385,000, compared to $231,000 in North little rock.
  • In Fernley, the rental for a two-bedroom apartment stands at $1,200, while it is $1,000 in North little rock.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric North little rock Fernley
Electricity Price $12.36 $15.5
Natural Gas Price $17.08 $20.66
Other Utilities $200 $250

Utilities Comparison: North little rock vs Fernley

  • Fernley has higher electricity costs at $15.5 per kWh, versus $12.36 in North little rock.
  • Fernley experiences higher natural gas costs at $20.66 per unit, with costs at $17.08 in North little rock.
  • Fernley has higher utility expenses, averaging $250, while North little rock averages $200.