Cabot, AR vs Jonesboro, AR
Cabot, AR and Jonesboro, AR have a very similar cost of living, with only a 1.8% difference in their overall index. Cabot scores 77 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 Cabot is $974/month compared to $926/month in Jonesboro — a 5% difference. Interestingly, home values tell a different story: while Jonesboro has cheaper rent, Cabot actually has lower median home values ($197,000 vs $213,400).
Median household income in Cabot is $72,656 compared to $52,559 in Jonesboro (+38.2%). While Cabot is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cabot spend roughly 16.1% of their income on rent, less than the 21.1% in Jonesboro.
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