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: $169000
• 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 85.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $55072

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Beebe, AR, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.