Cost of Living in Forrest city, AR
Housing
The housing market plays a significant role in determining the cost of living in Forrest city, 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
Considering a move to Forrest city, AR? The housing index of 86.4 indicates a relatively affordable market. With a median home price of 105000, homeownership is within reach for many buyers. Additionally, rental options are also budget-friendly, with averages of 1228 for apartments and 1335 for houses. The overall cost of living may be lower than national averages, making this a favorable time for both renters and prospective homeowners to consider settling in Forrest city. Be sure to explore local amenities and employment opportunities to fully evaluate this option.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Forrest city, 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 Forrest city, 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 Forrest city is a financially viable option for your relocation.