Cost of Living: Texarkana, AR vs El paso, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Texarkana | El paso |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $158,000 | $250,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1300 |
Housing Comparison: Texarkana vs El paso
- The median home price in El paso is higher at $250,000, compared to $158,000 in Texarkana.
- The rent for a two-bedroom apartment is equal in both Texarkana and El paso 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 | El paso |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Texarkana vs El paso
- El paso has higher electricity costs at $14.47 per kWh, versus $12.36 in Texarkana.
- El paso experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Texarkana.
- Other utility costs are higher in Texarkana at an average of $250, compared to El paso with $200.