Cost of Living: Texarkana, AR vs Franklin, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Texarkana | Franklin |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $158,000 | $228,500 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Texarkana vs Franklin
- The median home price in Franklin is higher at $228,500, compared to $158,000 in Texarkana.
- The rent for a two-bedroom apartment is equal in both Texarkana and Franklin 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 | Franklin |
|---|---|---|
| Electricity Price | $12.36 | $15.53 |
| Natural Gas Price | $17.08 | $27.53 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Texarkana vs Franklin
- Franklin has higher electricity costs at $15.53 per kWh, versus $12.36 in Texarkana.
- Franklin experiences higher natural gas costs at $27.53 per unit, with costs at $17.08 in Texarkana.
- Utility expenses are equal in both Texarkana and Franklin averaging $250.