Cost of Living: Springfield, MO vs North little rock, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | North little rock |
|---|---|---|
| Housing Index | 85.0 | 80.0 |
| Median Home Price | $215,000 | $231,000 |
| Average Rent (2 BR Apartment) | $900 | $1000 |
| Average Rent (2 BR House) | $960 | $900 |
Housing Comparison: Springfield vs North little rock
- The median home price in North little rock is higher at $231,000, compared to $215,000 in Springfield.
- Renting a two-bedroom apartment costs more in Springfield at $900 than in North little rock at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | North little rock |
|---|---|---|
| Electricity Price | $14.64 | $12.36 |
| Natural Gas Price | $23.25 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Springfield vs North little rock
- Electricity costs are higher in Springfield at $14.64 per kWh, compared to $12.36 in North little rock.
- Natural gas is more expensive in Springfield at $23.25 per unit, while it is cheaper at $17.08 in North little rock.
- Utility expenses are equal in both Springfield and North little rock averaging $200.