Cost of Living: Jonesboro, AR vs Henderson, TN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Jonesboro Henderson
Housing Index 85.0 90.0
Median Home Price $208,000 $245,000
Average Rent (2 BR Apartment) $950 $1200
Average Rent (2 BR House) $916 $1200

Housing Comparison: Jonesboro vs Henderson

  • The median home price in Henderson is higher at $245,000, compared to $208,000 in Jonesboro.
  • Renting a two-bedroom apartment costs more in Jonesboro at $950 than in Henderson 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 Henderson
Electricity Price $12.36 $12.57
Natural Gas Price $17.08 $12.35
Other Utilities $200 $200

Utilities Comparison: Jonesboro vs Henderson

  • Henderson has higher electricity costs at $12.57 per kWh, versus $12.36 in Jonesboro.
  • Natural gas is more expensive in Jonesboro at $17.08 per unit, while it is cheaper at $12.35 in Henderson.
  • Utility expenses are equal in both Jonesboro and Henderson averaging $200.