The cost of living in Mountain Home, AR, is notably lower than the nationwide average of 100. Housing, utilities, and miscellaneous expenses are all significantly below the national average. Specifically, housing costs are 25% less, utilities are 10% less, and miscellaneous costs are 20% lower.
In comparison, groceries, transportation, and healthcare in Mountain Home, AR, remain fairly close to the national average. Groceries and transportation each stand at 85% and 88% of the national average, respectively, while healthcare costs are 2% higher. This balance makes Mountain Home an attractive option for those seeking a more affordable lifestyle without compromising on essential services.
Mountain Home, AR, presents a cost of living that differs significantly from the nationwide average. Specifically, the housing index stands at 75, which means it costs 25% less to rent or own a home compared to the national average. This decrease can provide a financial advantage for those looking to move to the area.
Other areas also show variation from the average. Groceries cost 88% of the national average, indicating a slight increase. Utilities are just slightly above the average at 90%, while transportation costs are slightly lower at 85%. Healthcare costs are higher, reaching 102%, which means they are 2% more expensive than the nationwide average. Miscellaneous expenses also fall below the average at 80%, suggesting savings in this category. Overall, Mountain Home offers a mix of lower and higher costs, providing different financial benefits depending on the specific area of living expenses.