Paragould, AR Cost Of Living
Cost Of Living In Paragould, AR Summary
Cost of living in Paragould 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 Paragould 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 Paragould is 86, with 100 being the average.
The cost of living index in Paragould is 0.9x lower than the national average.
Paragould ranks as the #43 cheapest in Arkansas out of 65.
Paragould ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Paragould is $149,100.
The median income in Paragould is $49,977.
Table Of Contents
Paragould's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Paragould, AR?
According to the most recent data on the cost of living, Paragould has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Arkansas, Paragould has a cost of living index that's 1.0x lower than Arkansas's index of 90.
The standard of living in Paragould ranks as #43 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Paragould ranks as the #22 most expensive place in the Natural State.
For more reading on life in Paragould, check out:
- Living In Paragould
- Paragould Crime Report
- Search Homes For Sale In Paragould, AR
In Arkansas
In America
Paragould Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Paragould. Here is how it fairs on each of the criteria:
The Services index in Paragould is 100.
The Groceries index in Paragould is 90.
The Health index in Paragould is 93.
The Housing index in Paragould is 65.
The Transportation index in Paragould is 90.
The Utilities index in Paragould is 90.
| Living Expense | Paragould | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 86 | 90 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 90 | 94 | 100 | |
| Health | 93 | 85 | 100 | |
| Housing | 65 | 76 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 90 | 95 | 100 | |
Paragould, AR Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Paragould is $149,100.
The Median Rent in Paragould is $763.
The Median Income in Paragould is $49,977.
The Home Value To Income in Paragould is 3.0x.
The Rent To Monthly Income in Paragould is 0.18x.
| Statistic | Paragould | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $149,100 | $142,100 | $244,900 |
| Median Rent | $763 | $803 | $1,163 |
| Median Income | $49,977 | $52,123 | $69,021 |
| Home Value To Income | 3.0x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Paragould, AR Costs By Category
Detailed Paragould Services Costs Vs. Arkansas
Detailed Paragould Groceries Costs Vs. Arkansas
Detailed Paragould Health Costs Vs. Arkansas
Detailed Paragould Transportation Costs Vs. Arkansas
Detailed Paragould Utilities Costs Vs. Arkansas
Paragould SnackAbility
/10
Cost Of Living In Cities Around Paragould
The cost of living varies in the cities and towns around Paragould. Here's a quick look at the cost of living in the most populous nearby places:
Jonesboro, AR has a cost of living index of 87, 1.0x Paragould.
Poplar Bluff, MO has a cost of living index of 82, 1.0x Paragould.
Blytheville, AR has a cost of living index of 82, 1.0x Paragould.
| City | Population | Cost Of Living | Vs. Paragould |
|---|---|---|---|
| Jonesboro, AR | 77,520 | 87 | 1.0x |
| Poplar Bluff, MO | 16,318 | 82 | 1.0x |
| Blytheville, AR | 13,559 | 82 | 1.0x |
| Kennett, MO | 10,507 | 83 | 1.0x |
| Trumann, AR | 7,416 | 80 | 0.9x |
| Pocahontas, AR | 7,269 | 81 | 0.9x |
| Osceola, AR | 7,016 | 78 | 0.9x |
| Caruthersville, MO | 5,606 | 78 | 0.9x |
