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: $276000
• 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 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: 90.0

Median Income

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

• Median Income: $78075

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 Rogers, 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.