Cost of Living in Lonsdale, AR
Housing
The housing market plays a significant role in determining the cost of living in Lonsdale, AR.
- Housing Index: 86.4 / 100
- Median Home Price is: $171,000
- Average Rent (2 BR Apartment): $1228 per month
- Average Rent (2 BR House): $1335 per month
Considering a move to Lonsdale, AR? The housing index currently sits at an attractive 86.4, reflecting a favorable climate for prospective homeowners. The median home price is an accessible 171000, making homeownership within reach for many. However, with the average rent for a 2-bedroom apartment and house both at 1228 and 1335, respectively, renting options seem unavailable or unreported in this market. Overall, this may indicate a market leaning towards buy rather than rent, appealing for investors and first-time buyers alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lonsdale, 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 Lonsdale, 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 Lonsdale is a financially viable option for your relocation.