Cost of Living: Mount olive, MS vs Heber springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mount olive | Heber springs |
|---|---|---|
| Housing Index | 86 | 86.4 |
| Median Home Price | $103,000 | $194,500 |
| Average Rent (2 BR Apartment) | $1309 | $1228 |
| Average Rent (2 BR House) | $1423 | $1335 |
Housing Comparison: Mount olive vs Heber springs
- The median home price in Heber springs is higher at $194,500, compared to $103,000 in Mount olive.
- Renting a two-bedroom apartment costs more in Mount olive at $1,309 than in Heber springs at $1,228.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mount olive | Heber springs |
|---|---|---|
| Electricity Price | $13.42 | $12.36 |
| Natural Gas Price | $22.19 | $17.08 |
| Other Utilities | $207 | $208 |
Utilities Comparison: Mount olive vs Heber springs
- Electricity costs are higher in Mount olive at $13.42 per kWh, compared to $12.36 in Heber springs.
- Natural gas is more expensive in Mount olive at $22.19 per unit, while it is cheaper at $17.08 in Heber springs.
- Heber springs has higher utility expenses, averaging $208, while Mount olive averages $207.