The cost of living index in Texarkana, AR, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing, for instance, stands at 85, indicating it is 15% less expensive than the national average. Groceries, utilities, transportation, healthcare, and miscellaneous items also hover slightly below the average, with the highest being utilities at 97, which is 3% less than the national average. This data suggests that Texarkana offers a more affordable living experience in several key areas.
The cost of living index in Texarkana, AR, shows a mix of affordability and slight increases in certain areas. Housing costs in Texarkana stand at 85, which is 15% below the nationwide average of 100. This suggests that housing expenses are more affordable here compared to the rest of the country. Groceries also reflect a favorable trend, with an index of 92, indicating that they are 2% cheaper than the national average.
Utilities in Texarkana have an index of 97, which is 3% above the national average. This means that residents might spend a bit more on utilities than the average American. Transportation costs are at 88, showing an 12% decrease compared to the nationwide average. This suggests that commuting and other transportation-related expenses are more affordable in Texarkana. Healthcare costs are slightly above average, with an index of 95, indicating a 5% increase. Miscellaneous costs, with an index of 90, are 10% below the national average, offering some relief in other spending areas. Overall, Texarkana presents a balanced cost of living with both affordable and slightly higher expenses compared to the national average.
