Cost of Living: Texarkana, AR vs Charlotte, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Texarkana | Charlotte |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $158,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Texarkana vs Charlotte
- The median home price in Charlotte is higher at $250,000, compared to $158,000 in Texarkana.
- The rent for a two-bedroom apartment is equal in both Texarkana and Charlotte 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 | Texarkana | Charlotte |
|---|---|---|
| Electricity Price | $12.36 | $12.57 |
| Natural Gas Price | $17.08 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Texarkana vs Charlotte
- Charlotte has higher electricity costs at $12.57 per kWh, versus $12.36 in Texarkana.
- Natural gas is more expensive in Texarkana at $17.08 per unit, while it is cheaper at $12.35 in Charlotte.
- Utility expenses are equal in both Texarkana and Charlotte averaging $250.