Cost of Living: Jonesboro, AR vs Monroe, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jonesboro | Monroe |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $208,000 | $212,500 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $916 | $1275 |
Housing Comparison: Jonesboro vs Monroe
- The median home price in Monroe is higher at $212,500, compared to $208,000 in Jonesboro.
- Renting a two-bedroom apartment costs more in Jonesboro at $950 than in Monroe 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 | Monroe |
|---|---|---|
| Electricity Price | $12.36 | $11.42 |
| Natural Gas Price | $17.08 | $19.48 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Jonesboro vs Monroe
- Electricity costs are higher in Jonesboro at $12.36 per kWh, compared to $11.42 in Monroe.
- Monroe experiences higher natural gas costs at $19.48 per unit, with costs at $17.08 in Jonesboro.
- Monroe has higher utility expenses, averaging $250, while Jonesboro averages $200.