Housing costs in Jonesboro?
A typical home costs
$161,300, which is 52.3% less expensive than the national average of
$338,100 and 11.3% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Jonesboro costs
$800 per month, which is 4.8% cheaper than the national average of
$840 and 2.5% cheaper than the state average of
$820.
Can I afford Jonesboro?
To live comfortably in Jonesboro (zip 72401), Arkansas, a minimum annual income of
$30,960 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Jonesboro?
The cost of living in 72401 Jonesboro, AR is quite affordable. The median home cost is $145,200 and the median rent cost is $787 per month. The overall cost of living in 72401 is five percent lower than the national average, making it an attractive place to live for people on all budgets. It also has one of the lowest taxes in Arkansas with no income tax for individuals or corporations. Additionally, groceries are inexpensive with a meal costing about $7.50 on average and utilities being relatively low compared to other parts of the state. All in all, 72401 Jonesboro is a great option for those looking for an affordable place to call home.