Benton, AR vs Jonesboro, AR
Benton, AR and Jonesboro, AR have a very similar cost of living, with only a 3.2% difference in their overall index. Benton scores 78 while Jonesboro scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Benton is $1,003/month compared to $926/month in Jonesboro — a 8% difference. Interestingly, home values tell a different story: while Jonesboro has cheaper rent, Benton actually has lower median home values ($199,400 vs $213,400).
Median household income in Benton is $69,638 compared to $52,559 in Jonesboro (+32.5%). While Benton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benton spend roughly 17.3% of their income on rent, less than the 21.1% in Jonesboro.
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