Cost of Living: Vernon, TX vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vernon | Fort smith |
|---|---|---|
| Housing Index | 95.4 | 85.0 |
| Median Home Price | $Data is updating | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1365 | $1200 |
Housing Comparison: Vernon vs Fort smith
- The median home price in Fort smith is higher at $200,000, compared to $0 in Vernon.
- Renting a two-bedroom apartment costs more in Vernon at $1,200 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vernon | Fort smith |
|---|---|---|
| Electricity Price | $14.47 | $12.36 |
| Natural Gas Price | $26.29 | $17.08 |
| Other Utilities | $210 | $200 |
Utilities Comparison: Vernon vs Fort smith
- Electricity costs are higher in Vernon at $14.47 per kWh, compared to $12.36 in Fort smith.
- Natural gas is more expensive in Vernon at $26.29 per unit, while it is cheaper at $17.08 in Fort smith.
- Other utility costs are higher in Vernon at an average of $210, compared to Fort smith with $200.