Cost of Living in Mount ida, AR
Housing
The housing market plays a significant role in determining the cost of living in Mount ida, AR.
- Housing Index: 86.4 / 100
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): $1228 per month
- Average Rent (2 BR House): $1335 per month
When contemplating a move to Mount ida, AR, it's essential to consider its housing index of 86.4. With a median home price of 125000, the area presents a more affordable option compared to many urban centers. Additionally, you can expect average rent costs of 1228 for a 2-bedroom apartment and 1335 for a 2-bedroom house, making renting fairly accessible as well. While these figures signify favorable housing options, it's crucial to also note local amenities and job opportunities, as they enhance overall living satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mount ida, 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 Mount ida, 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 Mount ida is a financially viable option for your relocation.