Cost of Living in Jonesboro, AR

Population 79,187 · Arkansas · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Jonesboro cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $213,000, rents near $926 a month. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 65 miles northwest of Memphis, Jonesboro is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 36% higher than Memphis' $157,000.

Cost Overview

Housing 70
Rent 70

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Jonesboro

The median home value in Jonesboro is $213,400 — 30% below the national median of $305,000. Median rent runs $926/month, 30% lower than the national median of $1,314/month. The median household income of $52,559/year is 30% lower than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. The climate averages highs of 70.8°F and lows of 51.0°F. Overall, Jonesboro has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$213,400
30% below avg
Zillow Home Value
$221,267
Zillow ZHVI
Median Rent
$926/mo
30% below avg
Zillow Rent
$1,371/mo
Zillow ZORI
Price-to-Rent Ratio
19.2x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$638
1 BR
$684
2 BR
$848
3 BR
$1,151
4 BR
$1,256
Owner-occupied 52.6%
Renter-occupied 47.4%

💰 Estimated Monthly Budget

Rent median rent
$926
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,540/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
81.5%
Carpooled
9.4%
Public transit
0.1%
Walked
1.9%
Work from home
6.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.4%
Total Sales Tax 9.5%
State rate 6.5%
Avg local rate 3.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$52,559
30% below avg
Per Capita Income
$31,734
Unemployment Rate
6.8%
41% above avg
Poverty Rate
22.4%
Labor Force Participation
62.3%

🎓 Education

Bachelor's degree+ 17.4%
Graduate degree 12.4%

👥 Demographics

Median Age 33.7
Male median age 32.4
Female median age 35

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
70.8°F
Avg Low
51.0°F
Annual Precip
48.5"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475261718190919084746050
Low °F 313441506068727062514033
Precip" 3.523.794.735.155.213.053.693.413.303.814.404.45

Frequently Asked Questions

What is the cost of living in Jonesboro, AR?

Jonesboro has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Jonesboro, AR?

The median gross rent in Jonesboro is $926 per month based on 2023 Census data.

What is the average home price in Jonesboro?

The median home value in Jonesboro is $213,400 according to Zillow and Census data.

What is the median income in Jonesboro?

The median household income in Jonesboro is $52,559 per year (2023 ACS 5-year estimates).

What is the sales tax in Jonesboro, AR?

The combined state and local sales tax rate in Jonesboro is 9.5%. The Arkansas state income tax top rate is 4.4%.

Is Jonesboro, AR affordable?

Yes, Jonesboro is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

What is the weather like in Jonesboro?

Jonesboro has average high temperatures of 70.8°F and average lows of 51.0°F. Annual precipitation is 48.5". Data from NOAA 1991–2020 Climate Normals.

Jonesboro at a Glance

Population
79,187
Median Income
$52,559
Home Value
$213,400
Median Rent
$926/mo
Unemployment
6.8%
Avg High Temp
70.8°F
Sales Tax
9.5%
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Explore county-level cost of living data

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