Paragould, AR, offers a cost of living that is 89% of the nationwide average, making it an attractive location for those looking to maintain their budget. This figure translates to an overall cost of living index of 89, which is slightly lower than the 100 that represents the national average. Lower housing and miscellaneous costs contribute significantly to this advantageous position, while other areas like utilities and healthcare remain close to the national average.
Paragould, Arkansas, offers a cost of living that is notably lower than the nationwide average. Housing in Paragould stands at an index of 70, which is 30% less than the national average of 100. This means housing expenses in Paragould are significantly cheaper, making it an attractive option for those seeking affordable living conditions. Additionally, the utilities index is 90, showing only a 10% difference from the average, indicating that utility costs are quite comparable to the national standard.
When considering groceries, Paragould's index of 95 indicates that prices are just 5% below the national average. This slight difference suggests that residents can expect to spend almost the same as the national average on groceries. Transportation costs in Paragould are also competitive, with an index of 88, representing only a 12% difference from the nationwide average. Healthcare, which is often a major expense, has an index of 98, showing a very minimal 2% increase compared to the national average. Overall, Paragould provides a cost-effective living environment with many expenses below the national average.
