Cost of Living in Wynne, AR
Housing
The housing market plays a significant role in determining the cost of living in Wynne, AR.
- Housing Index: 90.0 / 100
- Median Home Price is: $127,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
In Wynne, AR, the housing index stands at 90.0, suggesting an overall favorable housing market. With a median home price of 127000, prospective homebuyers may find affordability compared to national averages. Average rents for a 2BR apartment are set at 800, while a 2BR house rents for around 850. This could present a great opportunity for renters considering long-term investments in the housing market, especially in an area with competitive prices. Notably, paying attention to local job growth and community amenities can further enhance your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wynne, 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 Wynne, 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 Wynne is a financially viable option for your relocation.