CostByCity

Hot Springs, AR vs Lake Charles, LA

Cost of Living Comparison

Hot Springs, AR is more affordable by 0.1 index points

Side-by-Side Comparison

CategoryHot Springs, ARLake Charles, LADifference
Overall85.785.9-0.1
Housing57.351.8+5.5
Goods93.693.7-0.1
Utilities74.371.7+2.5
Other Services95.395.7-0.4

Income & Housing Comparison

MetricHot Springs, ARLake Charles, LA
Median Household Income$54,229$64,764
Median Home Value$166,600$195,600
Median Monthly Rent$913$1,025
Per Capita Income$31,854$33,496

Frequently Asked Questions

Is Hot Springs, AR or Lake Charles, LA cheaper to live in?
Hot Springs, AR is more affordable. The cost of living difference is 0.1 index points (Hot Springs, AR: 85.7, Lake Charles, LA: 85.9).
Where is housing cheaper, Hot Springs, AR or Lake Charles, LA?
Housing is more affordable in Lake Charles, LA. Housing index: Hot Springs, AR (57.3) vs Lake Charles, LA (51.8).