Cost of Living: Jonesboro, AR vs Fargo, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jonesboro | Fargo |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $208,000 | $334,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $916 | $1320 |
Housing Comparison: Jonesboro vs Fargo
- The median home price in Fargo is higher at $334,000, compared to $208,000 in Jonesboro.
- Renting a two-bedroom apartment costs more in Jonesboro at $950 than in Fargo at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jonesboro | Fargo |
|---|---|---|
| Electricity Price | $12.36 | $13.65 |
| Natural Gas Price | $17.08 | $10.8 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Jonesboro vs Fargo
- Fargo has higher electricity costs at $13.65 per kWh, versus $12.36 in Jonesboro.
- Natural gas is more expensive in Jonesboro at $17.08 per unit, while it is cheaper at $10.8 in Fargo.
- Fargo has higher utility expenses, averaging $250, while Jonesboro averages $200.