Cost of Living: Parker, CO vs Springdale, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parker | Springdale |
|---|---|---|
| Housing Index | 138.0 | 89.0 |
| Median Home Price | $560,000 | $275,000 |
| Average Rent (2 BR Apartment) | $2200 | $1100 |
| Average Rent (2 BR House) | $2245 | $1125 |
Housing Comparison: Parker vs Springdale
- In Parker, the median home price is higher at $560,000, while in Springdale it is $275,000.
- Renting a two-bedroom apartment costs more in Parker at $2,200 than in Springdale at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Parker | Springdale |
|---|---|---|
| Electricity Price | $15.21 | $12.36 |
| Natural Gas Price | $11.3 | $17.08 |
| Other Utilities | $290 | $220 |
Utilities Comparison: Parker vs Springdale
- Electricity costs are higher in Parker at $15.21 per kWh, compared to $12.36 in Springdale.
- Springdale experiences higher natural gas costs at $17.08 per unit, with costs at $11.3 in Parker.
- Other utility costs are higher in Parker at an average of $290, compared to Springdale with $220.