Cost of Living: Jonesboro, AR vs Palmetto, FL

Housing

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

Metric Jonesboro Palmetto
Housing Index 85.0 115.0
Median Home Price $208,000 $285,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $916 $1825

Housing Comparison: Jonesboro vs Palmetto

  • The median home price in Palmetto is higher at $285,000, compared to $208,000 in Jonesboro.
  • Renting a two-bedroom apartment costs more in Jonesboro at $950 than in Palmetto at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Jonesboro Palmetto
Electricity Price $12.36 $13.89
Natural Gas Price $17.08 $26.13
Other Utilities $200 $250

Utilities Comparison: Jonesboro vs Palmetto

  • Palmetto has higher electricity costs at $13.89 per kWh, versus $12.36 in Jonesboro.
  • Palmetto experiences higher natural gas costs at $26.13 per unit, with costs at $17.08 in Jonesboro.
  • Palmetto has higher utility expenses, averaging $250, while Jonesboro averages $200.