Cost of Living in Springdale, AR
Housing
The housing market plays a significant role in determining the cost of living in Springdale, AR.
- Housing Index: 89.0 / 100
- Median Home Price is: $275,000
- Average Rent (2 BR Apartment): $1100 per month
- Average Rent (2 BR House): $1125 per month
Considering a move to Springdale, AR involves analyzing several important factors. The housing index is at 89.0, indicating that the costs are relatively affordable compared to the national average. With a median home price of 275000, buying may be more accessible than in many urban areas. Renters can expect to pay around 1100 for a 2-bedroom apartment or 1125 for a 2-bedroom house, highlighting the balance of rental options available. Overall, this data presents a favorable housing situation for both buyers and renters in Springdale.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Springdale, 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.): $220 per month
Living in Springdale, 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 $220 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 Springdale is a financially viable option for your relocation.