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.