Cost of Living in North little rock, AR

Housing

The housing market plays a significant role in determining the cost of living in North little rock, AR.

• Housing Index: 80.0 / 100
• Median Home Price is: $231000
• Average Rent (2 BR Apartment): $1000 per month
• Average Rent (2 BR House): $900 per month

Considering a move to North little rock, AR? With a housing index of 80.0, it’s relatively affordable compared to many urban areas. The median home price of 231000 makes it an attractive option for potential homeowners. Rental trends show average rates of 1000 for apartment living and 900 for house rentals, providing various options for renters as well. Overall, if you're looking for cost-effective living options, this may be the right place for you, particularly if you value budget-friendly housing alongside lifestyle amenities.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North little rock, 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 North little rock, 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 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: 88.5

Median Income

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

• Median Income: $49166

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 North little rock, 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.