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.