Cost of Living: Nashville, TN vs Jonesboro, AR

Housing

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

Metric Nashville Jonesboro
Housing Index 110.0 85.0
Median Home Price $376,200 $208,000
Average Rent (2 BR Apartment) $1800 $950
Average Rent (2 BR House) $1840 $916

Housing Comparison: Nashville vs Jonesboro

  • In Nashville, the median home price is higher at $376,200, while in Jonesboro it is $208,000.
  • In Jonesboro, the rental for a two-bedroom apartment stands at $950, while it is $1,800 in Nashville.

Utilities

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

Metric Nashville Jonesboro
Electricity Price $12.57 $12.36
Natural Gas Price $12.35 $17.08
Other Utilities $250 $200

Utilities Comparison: Nashville vs Jonesboro

  • Electricity costs are higher in Nashville at $12.57 per kWh, compared to $12.36 in Jonesboro.
  • Jonesboro experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Nashville.
  • Other utility costs are higher in Nashville at an average of $250, compared to Jonesboro with $200.