Cost of Living in Jonesboro, AR
Housing
The housing market plays a significant role in determining the cost of living in Jonesboro, AR.
- Housing Index: 85.0 / 100
- Median Home Price is: $208,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $916 per month
Considering a move to Jonesboro, AR? With a housing index of 85.0, it suggests a buyer-friendly market where homeownership remains accessible. The median home price of 208000 is relatively affordable compared to national averages, making homeownership a viable option. Renting remains economical as well, with an average rent for a 2-bedroom apartment at 950 and a 2-bedroom house for 916. Be mindful that the area's amenities, job growth, and schools can further influence your decision, ensuring you select a place that aligns with your lifestyle and budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jonesboro, 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 Jonesboro, 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 Jonesboro is a financially viable option for your relocation.