Cost of Living in Ward, AR
Housing
The housing market plays a significant role in determining the cost of living in Ward, AR.
- Housing Index: Data is updating
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Ward, AR, the housing index stands at 0.0, indicating a potential shift in demand for real estate options. With a median home price of 189000, purchasing a home might seem like an attractive investment. However, the absence of data for average rents of 2-bedroom apartments and houses suggests limited rental opportunities or that the market is still emerging. Potential buyers should consider affordability and the overall economic landscape, including employment rates and quality of life, before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ward, 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 Ward, 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 Ward is a financially viable option for your relocation.