Cost of Living in Redfield, AR
Housing
The housing market plays a significant role in determining the cost of living in Redfield, AR.
- Housing Index: 88.0 / 100
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): $0 per month
- Average Rent (2 BR House): $2080.0 per month
Considering relocating to Redfield, AR? With a housing index of 88.0, purchasing a home could be more affordable, given the median home price of 169000. Although average rent for a 2-bedroom apartment is currently missing, the average rent for a 2-bedroom house stands at 2080.0, which may indicate a limited availability of rental units. By weighing these factors, you can determine whether buying or renting fits your budget and lifestyle better. Remember, market dynamics can shift, be sure to stay updated on local trends and statistics.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Redfield, 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.): $180.0 per month
Living in Redfield, 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 $180.0 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 Redfield is a financially viable option for your relocation.