The cost of living index in Harrison, AR, is noticeably lower than the nationwide average of 100. According to the latest data, Harrison's overall index stands at 87, indicating that residents spend less on various living expenses. This reduced cost of living makes Harrison an attractive option for job seekers looking for affordable housing and daily necessities.
Each category presents unique savings, with housing being the most significant at 75. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also fall below the national average, with the closest being transportation at 88. This comprehensive insight highlights Harrison’s potential to offer a more economical lifestyle.
The cost of living index in Harrison, AR, paints a compelling picture for potential residents and job seekers. When compared to the nationwide average, which is set at 100, Harrison stands out with its affordability in housing. The housing index in Harrison is recorded at 75, which translates to a 25% lower cost than the national average. This significant difference makes housing one of the most attractive aspects for those considering a move to Harrison.
Additionally, other essential expenses show that Harrison remains competitively priced. For example, groceries have an index of 92, meaning they are 8% less costly than the national average. Utilities follow closely with an index of 90, which is 10% lower. Transportation costs are at 88, slightly below the national average. Healthcare, though slightly above average at 98, remains manageable for most budgets. Miscellaneous expenses are at 84, another 16% under the national average. Overall, Harrison provides an attractive living environment with costs that are substantially lower than the national average in many key areas.