Cost of Living: Springfield, MO vs Pocahontas, AR

Housing

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

Metric Springfield Pocahontas
Housing Index 85.0 86.4
Median Home Price $215,000 $134,000
Average Rent (2 BR Apartment) $883 $1228
Average Rent (2 BR House) $960 $1335

Housing Comparison: Springfield vs Pocahontas

  • In Springfield, the median home price is higher at $215,000, while in Pocahontas it is $134,000.
  • Renting a two-bedroom apartment costs more in Springfield at $883 than in Pocahontas 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 Springfield Pocahontas
Electricity Price $14.64 $12.36
Natural Gas Price $23.25 $17.08
Other Utilities $200 $208

Utilities Comparison: Springfield vs Pocahontas

  • Electricity costs are higher in Springfield at $14.64 per kWh, compared to $12.36 in Pocahontas.
  • Natural gas is more expensive in Springfield at $23.25 per unit, while it is cheaper at $17.08 in Pocahontas.
  • Pocahontas has higher utility expenses, averaging $208, while Springfield averages $200.