Cost of Living: Perryville, MO vs Hope, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Perryville | Hope |
|---|---|---|
| Housing Index | 90.0 | 70.5 |
| Median Home Price | $164,000 | $150,000 |
| Average Rent (2 BR Apartment) | $800 | $800 |
| Average Rent (2 BR House) | $850 | $816 |
Housing Comparison: Perryville vs Hope
- In Perryville, the median home price is higher at $164,000, while in Hope it is $150,000.
- The rent for a two-bedroom apartment is equal in both Perryville and Hope at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Perryville | Hope |
|---|---|---|
| Electricity Price | $14.64 | $12.36 |
| Natural Gas Price | $23.25 | $17.08 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Perryville vs Hope
- Electricity costs are higher in Perryville at $14.64 per kWh, compared to $12.36 in Hope.
- Natural gas is more expensive in Perryville at $23.25 per unit, while it is cheaper at $17.08 in Hope.
- Hope has higher utility expenses, averaging $200, while Perryville averages $150.