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.