Housing costs in Jonesboro?
A typical home costs
$197,900, which is 41.5% less expensive than the national average of
$338,100 and 8.9% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Jonesboro costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and close to the state average of
$840.
Can I afford Jonesboro?
To live comfortably in Jonesboro, Arkansas, a minimum annual income of
$37,800 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Jonesboro?
Jonesboro, Arkansas has a cost of living index rating of 85.3 which is significantly lower than the national average of 100 due to low housing costs making up 38% - far below the national average of 42%. Utility costs are also relatively low compared to other cities in the south due to favorable climate conditions and cheaper sources of energy such as natural gas. Transportation and healthcare each make up approximately 10 percent and grocery costs account for 8.8%, putting overall living expenses for Jonesboro relatively low compared to most US cities.