Cost of Living in Imboden, AR
Housing
The housing market plays a significant role in determining the cost of living in Imboden, AR.
- Housing Index: 86.4 / 100
- Median Home Price is: $144,000
- Average Rent (2 BR Apartment): $1228 per month
- Average Rent (2 BR House): $1335 per month
When analyzing the prospects of moving to Imboden, AR, it's crucial to consider the housing market dynamics. The median home price stands at a reasonable 144000, indicating potential affordability for homebuyers. However, with a housing index of 86.4, it appears that the local rental market may be non-existent or experiencing significant challenges, as the average rent for both a 2-bedroom apartment and house remains at zero. For potential residents, this raises important questions about the housing stability and availability of rental options. Investigating the overall economic climate and community resources in Imboden is advisable before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Imboden, 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 Imboden, 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 Imboden is a financially viable option for your relocation.