Cost of Living in Rogers, AR
Housing
The housing market plays a significant role in determining the cost of living in Rogers, AR.
- Housing Index: 85.0 / 100
- Median Home Price is: $276,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering the data suggests that Rogers, AR exhibits a housing index of 85.0, indicating a reasonable affordability level. The median home price of 276000 is competitive compared to national averages, making homeownership a viable option for many. Additionally, the average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house averages 1360. These figures imply that residents may find better value in purchasing a property rather than renting. As the market evolves, keeping an eye on economic trends will be crucial for long-term decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rogers, 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.): $240 per month
Living in Rogers, 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 $240 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 Rogers is a financially viable option for your relocation.