Cost of Living in Mountain home, AR
Housing
The housing market plays a significant role in determining the cost of living in Mountain home, AR.
- Housing Index: 102.0 / 100
- Median Home Price is: $197,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $960 per month
Considering a move to Mountain home, AR? With a housing index of 102.0, the market trends are slightly above national averages, indicating healthy demand. The median home price of 197000 makes purchasing a viable option for many buyers, especially given the affordable average rent of 950 for a 2-bedroom apartment and 960 for a 2-bedroom house. Keep in mind that local amenities, schools, and community spirit also significantly impact housing decisions. Analyze all factors to ensure you find the best fit for your lifestyle!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mountain home, 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.): $250 per month
Living in Mountain home, 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 $250 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 Mountain home is a financially viable option for your relocation.