Cost of Living in Booneville, AR
Housing
The housing market plays a significant role in determining the cost of living in Booneville, AR.
- Housing Index: Data is updating
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Booneville, AR, the housing market presents intriguing aspects with a housing index of 0.0, indicating significant affordability. The median home price stands at an attractive 189000, which is ideal for homebuyers seeking value. However, it’s important to note that both the average rent for a 2-bedroom apartment and a 2-bedroom house are currently listed at 0.0 and 0.0 respectively, showing a potential lack of rental options in the area. Overall, Booneville could be a favorable choice for potential homeowners but may pose challenges for renters.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Booneville, 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.): Data is updating
Living in Booneville, 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 data unavailable 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 Booneville is a financially viable option for your relocation.