Cost of Living in Beebe, AR
Housing
The housing market plays a significant role in determining the cost of living in Beebe, AR.
- Housing Index: 75.0 / 100
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1216 per month
In analyzing the housing situation in Beebe, AR, the overall housing index is relatively balanced at 75.0. The median home price of 169000 is attractive compared to the national average, indicating a favorable market for potential buyers. Meanwhile, the average rent for a 2-bedroom apartment is competitive at 1200 and slightly higher for a house at 1216. This data suggests that whether renting or buying, residents can find reasonable options, though renters might find better value in apartments compared to houses.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Beebe, AR.
- Electricity Price: $12.36 USD (median by state)
- Natural Gas Price: $17.08 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $220 per month
Living in Beebe, AR could entail higher utility costs. Electricity costs sit at $12.36, while natural gas is priced at $17.08 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $220 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Beebe is a financially viable option for your relocation.