Cost of Living in Prescott, AR
Housing
The housing market plays a significant role in determining the cost of living in Prescott, AR.
- Housing Index: Data is updating
- Median Home Price is: $174,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
The prospect of moving to Prescott, AR should be considered carefully, especially given the housing dynamics. With a housing index of 0.0, it indicates a unique market condition. The median home price stands at an attractive 174000, making homeownership potentially accessible. However, average rents for both 2-bedroom apartments and houses revealing a value of 0.0 and 0.0 may suggest a lack of available listings or market challenges. It is advisable to dive deeper into local amenities, job prospects, and neighborhood culture while considering this investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Prescott, AR.
- Electricity Price: $12.36 USD (median by state)
- Natural Gas Price: $17.08 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Prescott, AR could entail higher utility costs. Electricity costs sit at $12.36, while natural gas is priced at $17.08 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Prescott is a financially viable option for your relocation.