Cost of Living: Schenectady, NY vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Schenectady | Hot springs village |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $247,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1650 | $1250 |
Housing Comparison: Schenectady vs Hot springs village
- The median home price in Hot springs village is higher at $265,000, compared to $247,000 in Schenectady.
- Renting a two-bedroom apartment costs more in Schenectady at $1,600 than in Hot springs village 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 | Schenectady | Hot springs village |
|---|---|---|
| Electricity Price | $26.08 | $12.36 |
| Natural Gas Price | $18.13 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Schenectady vs Hot springs village
- Electricity costs are higher in Schenectady at $26.08 per kWh, compared to $12.36 in Hot springs village.
- Natural gas is more expensive in Schenectady at $18.13 per unit, while it is cheaper at $17.08 in Hot springs village.
- Other utility costs are higher in Schenectady at an average of $250, compared to Hot springs village with $200.