Cost of Living: Texarkana, AR vs Palmyra, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Texarkana | Palmyra |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $158,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1630 |
Housing Comparison: Texarkana vs Palmyra
- The median home price in Palmyra is higher at $185,000, compared to $158,000 in Texarkana.
- In Palmyra, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Texarkana.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Texarkana | Palmyra |
|---|---|---|
| Electricity Price | $12.36 | $26.08 |
| Natural Gas Price | $17.08 | $18.13 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Texarkana vs Palmyra
- Palmyra has higher electricity costs at $26.08 per kWh, versus $12.36 in Texarkana.
- Palmyra experiences higher natural gas costs at $18.13 per unit, with costs at $17.08 in Texarkana.
- Palmyra has higher utility expenses, averaging $275, while Texarkana averages $250.