Cost of Living in Piggott, AR
Housing
The housing market plays a significant role in determining the cost of living in Piggott, AR.
- Housing Index: 86.4 / 100
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): $1228 per month
- Average Rent (2 BR House): $1335 per month
In considering a move to Piggott, AR, the housing market appears quite accessible. With a median home price of 130000, it offers a relatively low entry point for homebuyers. However, please note the unknown housing indices and rental prices, which suggest a need for more research in these areas to gauge market dynamics fully. Historically, lower home prices can indicate a growing community or upcoming economic potential, inviting investors and new residents. Be sure to explore local amenities and job market trends to make a comprehensive decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Piggott, 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 Piggott, 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 Piggott is a financially viable option for your relocation.