Cost of Living: Jonesboro, AR vs Monroe, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jonesboro | Monroe |
|---|---|---|
| Housing Index | 86.4 | 96.3 |
| Median Home Price | $208,000 | $212,500 |
| Average Rent (2 BR Apartment) | $1013 | $1324 |
| Average Rent (2 BR House) | $1101 | $1439 |
Housing Comparison: Jonesboro vs Monroe
- The median home price in Monroe is higher at $212,500, compared to $208,000 in Jonesboro.
- In Monroe, the rental for a two-bedroom apartment stands at $1,324, while it is $1,013 in Jonesboro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jonesboro | Monroe |
|---|---|---|
| Electricity Price | $12.36 | $11.42 |
| Natural Gas Price | $17.08 | $19.48 |
| Other Utilities | $208 | $231 |
Utilities Comparison: Jonesboro vs Monroe
- Electricity costs are higher in Jonesboro at $12.36 per kWh, compared to $11.42 in Monroe.
- Monroe experiences higher natural gas costs at $19.48 per unit, with costs at $17.08 in Jonesboro.
- Monroe has higher utility expenses, averaging $231, while Jonesboro averages $208.