Cost of Living in Ashdown, AR
Housing
The housing market plays a significant role in determining the cost of living in Ashdown, AR.
- Housing Index: 86.4 / 100
- Median Home Price is: $105,000
- Average Rent (2 BR Apartment): $1228 per month
- Average Rent (2 BR House): $1335 per month
Analyzing the housing market in Ashdown, AR, it appears that the housing index is significantly low while the median home price stands at 105000. With both the average rent for a 2-bedroom apartment and house reported as 1228 and 1335, respectively, it indicates a potentially undeveloped rental market. This low cost could attract first-time homebuyers looking for affordability. However, consider exploring local amenities and job opportunities as they significantly impact long-term living satisfaction and property appreciation rates.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ashdown, 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.): $208 per month
Living in Ashdown, 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 $208 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 Ashdown is a financially viable option for your relocation.