Cost of Living: Somers, MT vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Somers | Cabot |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $386,000 | $217,500 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1500 | $1245 |
Housing Comparison: Somers vs Cabot
- In Somers, the median home price is higher at $386,000, while in Cabot it is $217,500.
- The rent for a two-bedroom apartment is equal in both Somers and Cabot 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 | Somers | Cabot |
|---|---|---|
| Electricity Price | $13.58 | $12.36 |
| Natural Gas Price | $8.31 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Somers vs Cabot
- Electricity costs are higher in Somers at $13.58 per kWh, compared to $12.36 in Cabot.
- Natural gas is more expensive in Somers at $8.31 per unit, while it is cheaper at $17.08 in Cabot.
- Utility expenses are equal in both Somers and Cabot averaging $200.