Cost of Living: Oak grove, KY vs Siloam springs, AR

Housing

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

Metric Oak grove Siloam springs
Housing Index 90.2 85.0
Median Home Price $182,000 $245,000
Average Rent (2 BR Apartment) $1200 $800
Average Rent (2 BR House) $1280 $850

Housing Comparison: Oak grove vs Siloam springs

  • The median home price in Siloam springs is higher at $245,000, compared to $182,000 in Oak grove.
  • In Siloam springs, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Oak grove.

Utilities

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

Metric Oak grove Siloam springs
Electricity Price $12.87 $12.36
Natural Gas Price $22.78 $17.08
Other Utilities $250 $200

Utilities Comparison: Oak grove vs Siloam springs

  • Electricity costs are higher in Oak grove at $12.87 per kWh, compared to $12.36 in Siloam springs.
  • Natural gas is more expensive in Oak grove at $22.78 per unit, while it is cheaper at $17.08 in Siloam springs.
  • Other utility costs are higher in Oak grove at an average of $250, compared to Siloam springs with $200.