Cost of Living: Anderson, SC vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anderson | Hot springs village |
|---|---|---|
| Housing Index | 90.0 | 86.4 |
| Median Home Price | $222,500 | $265,000 |
| Average Rent (2 BR Apartment) | $1374 | $1505 |
| Average Rent (2 BR House) | $1493 | $1636 |
Housing Comparison: Anderson vs Hot springs village
- The median home price in Hot springs village is higher at $265,000, compared to $222,500 in Anderson.
- In Hot springs village, the rental for a two-bedroom apartment stands at $1,505, while it is $1,374 in Anderson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anderson | Hot springs village |
|---|---|---|
| Electricity Price | $14.18 | $12.36 |
| Natural Gas Price | $23.51 | $17.08 |
| Other Utilities | $200 | $208 |
Utilities Comparison: Anderson vs Hot springs village
- Electricity costs are higher in Anderson at $14.18 per kWh, compared to $12.36 in Hot springs village.
- Natural gas is more expensive in Anderson at $23.51 per unit, while it is cheaper at $17.08 in Hot springs village.
- Hot springs village has higher utility expenses, averaging $208, while Anderson averages $200.