Cost of Living: Siloam springs, AR vs Milford, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Siloam springs | Milford |
|---|---|---|
| Housing Index | 85.0 | 125.0 |
| Median Home Price | $245,000 | $376,000 |
| Average Rent (2 BR Apartment) | $800 | $2200 |
| Average Rent (2 BR House) | $850 | $2250 |
Housing Comparison: Siloam springs vs Milford
- The median home price in Milford is higher at $376,000, compared to $245,000 in Siloam springs.
- Renting a two-bedroom apartment costs more in Siloam springs at $800 than in Milford at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Siloam springs | Milford |
|---|---|---|
| Electricity Price | $12.36 | $26 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Siloam springs vs Milford
- Milford has higher electricity costs at $26 per kWh, versus $12.36 in Siloam springs.
- Natural gas price data is currently unavailable.
- Milford has higher utility expenses, averaging $250, while Siloam springs averages $200.