Cost of living in Jonesboro research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Jonesboro is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Jonesboro is 91, with 100 being the average.
The cost of living index in Jonesboro is 0.9x lower than the national average.
Jonesboro ranks as the #39 cheapest in Arkansas out of 69.
Jonesboro ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Jonesboro is $221,132.
The median income in Jonesboro is $52,559.
According to the most recent data on the cost of living, Jonesboro has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Arkansas, Jonesboro has a cost of living index that's 1.1x higher than Arkansas's index of 85.
The standard of living in Jonesboro ranks as #39 most affordable out of the 69 places we measured in Arkansas. By definition, that implies Jonesboro ranks as the #30 most expensive place in the Natural State.
For more reading on life in Jonesboro, check out:
Six factors go into calculating the cost of living index in Jonesboro. Here is how it fairs on each of the criteria:
The Services index in Jonesboro is 95.
The Groceries index in Jonesboro is 93.
The Health index in Jonesboro is 75.
The Housing index in Jonesboro is 87.
The Transportation index in Jonesboro is 86.
The Utilities index in Jonesboro is 87.
| Living Expense | Jonesboro | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 91 | 85 | 100 | |
| Services | 95 | 99 | 100 | |
| Groceries | 93 | 95 | 100 | |
| Health | 75 | 89 | 100 | |
| Housing | 87 | 65 | 100 | |
| Transportation | 86 | 90 | 100 | |
| Utilities | 87 | 93 | 100 | |
Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Jonesboro is $221,132.
The Median Rent in Jonesboro is $926.
The Median Income in Jonesboro is $52,559.
The Home Value To Income in Jonesboro is 4.2x.
The Rent To Monthly Income in Jonesboro is 0.21x.
The cost of living varies in the cities and towns around Jonesboro. Here's a quick look at the cost of living in the most populous nearby places:
Paragould, AR has a cost of living index of 86, 0.9x Jonesboro.
Blytheville, AR has a cost of living index of 82, 0.9x Jonesboro.
Kennett, MO has a cost of living index of 81, 0.9x Jonesboro.
| City | Population | Cost Of Living | Vs. Jonesboro |
|---|---|---|---|
| Paragould, AR | 29,940 | 86 | 0.9x |
| Blytheville, AR | 13,026 | 82 | 0.9x |
| Kennett, MO | 10,236 | 81 | 0.9x |
| Wynne, AR | 8,220 | 83 | 0.9x |
| Newport, AR | 8,019 | 80 | 0.9x |
| Pocahontas, AR | 7,475 | 78 | 0.9x |
| Trumann, AR | 7,432 | 84 | 0.9x |
| Osceola, AR | 6,807 | 82 | 0.9x |