Cost of Living: Pratt, KS vs Texarkana, AR

Housing

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

Metric Pratt Texarkana
Housing Index 85.0 90.0
Median Home Price $130,000 $158,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1365.6 $1280

Housing Comparison: Pratt vs Texarkana

  • The median home price in Texarkana is higher at $158,000, compared to $130,000 in Pratt.
  • The rent for a two-bedroom apartment is equal in both Pratt and Texarkana at $1,200.

Utilities

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

Metric Pratt Texarkana
Electricity Price $14.22 $12.36
Natural Gas Price $Data is updating $17.08
Other Utilities $250 $250

Utilities Comparison: Pratt vs Texarkana

  • Electricity costs are higher in Pratt at $14.22 per kWh, compared to $12.36 in Texarkana.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Pratt and Texarkana averaging $250.