Cost of Living in Harrison, AR
Housing
The housing market plays a significant role in determining the cost of living in Harrison, AR.
- Housing Index: 90.5 / 100
- Median Home Price is: $186,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $840 per month
Considering moving to Harrison, AR? With a housing index of 90.5, it indicates affordability relative to the national average, making it a viable choice for prospective residents. The median home price is just 186000, which is below many other markets, making homeownership accessible. Additionally, average monthly rents for a 2-bedroom apartment and house sit at 800 and 840 respectively. This competitive pricing suggests a diverse housing market that caters to different needs, appealing to both renters and buyers seeking value in today’s economic landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Harrison, 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.): $200 per month
Living in Harrison, 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 $200 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 Harrison is a financially viable option for your relocation.