Cost of Living: West memphis, AR vs Highland, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric West memphis Highland
Housing Index 90.0 95.0
Median Home Price $124,000 $238,000
Average Rent (2 BR Apartment) $800 $1200
Average Rent (2 BR House) $856 $1250

Housing Comparison: West memphis vs Highland

  • The median home price in Highland is higher at $238,000, compared to $124,000 in West memphis.
  • Renting a two-bedroom apartment costs more in West memphis at $800 than in Highland 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 West memphis Highland
Electricity Price $12.36 $16.15
Natural Gas Price $17.08 $16.59
Other Utilities $150 $250

Utilities Comparison: West memphis vs Highland

  • Highland has higher electricity costs at $16.15 per kWh, versus $12.36 in West memphis.
  • Natural gas is more expensive in West memphis at $17.08 per unit, while it is cheaper at $16.59 in Highland.
  • Highland has higher utility expenses, averaging $250, while West memphis averages $150.