Cost of Living in Pea ridge, AR
Housing
The housing market plays a significant role in determining the cost of living in Pea ridge, AR.
- Housing Index: Data is updating
- Median Home Price is: $186,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Pea ridge, AR, the housing index is currently at 0. This typically indicates limited real estate activity, which may stem from market saturation or economic factors. The median home price is reasonably affordable at 186000, suggesting potential for first-time buyers. However, without data on average rents, it's challenging to assess the rental market's viability. Potential movers should consider these factors along with local employment opportunities and amenities when deciding if Pea ridge is the right fit for their lifestyle and financial situation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pea ridge, 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 Pea ridge, 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 Pea ridge is a financially viable option for your relocation.