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2024 BEA RPP All 4 categories Federal source

Jonesboro, AR

Cost-of-living indicators for Jonesboro, AR, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 27860 · Data year: 2024 · Rank: #371 of 387

Jonesboro, AR has a cost of living index of 85.9, meaning it's 14.1% less expensive than the national average. Goods cost 6.4% less, services 25.0% less, and rents are 46.2% below average. A $100K national salary has the purchasing power of $116,447 here.

What the Numbers Mean for Jonesboro

Jonesboro ranks #371 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 85.9, Jonesboro, AR is 14.1% less expensive than the national baseline of 100. The gap between Jonesboro's most and least expensive categories — the priciest line item versus rents at 53.8 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $116,447 inside Jonesboro, while a household needs roughly $85,876 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 53.8 — 46.2% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Jonesboro's overall index has stayed within 1.6 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 93.6 and services at 75.0, meaning everyday spending in Jonesboro is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Jonesboro Cost Index at a Glance

Jonesboro all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10085.9

Jonesboro category breakdown

BEA RPP composition by goods, services, rents, overall

Rents53.848Services74.971Goods93.577Overall85.876

Price Index Summary

Overall

85.9

-14.1 below avg

Goods

93.6

-6.4 below avg

Services

75.0

-25.0 below avg

Rents

53.8

-46.2 below avg

Price Index vs National Average (100)

Overall
National avg

Index 85.9 (-14.1 vs national avg)

Goods
National avg

Index 93.6 (-6.4 vs national avg)

Services
National avg

Index 75.0 (-25.0 vs national avg)

Rents
National avg

Index 53.8 (-46.2 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -46.2% (53.8)
Services -25.0% (75.0)
Overall -14.1% (85.9)
Goods -6.4% (93.6)

Income Adequacy in Jonesboro

Jonesboro income adequacy score

$75,000 median income vs RPP 85.9

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$85,876

in Jonesboro, AR purchasing power

$50,000 nationally
$42,938
$75,000 nationally
$64,407
$125,000 nationally
$107,345
$150,000 nationally
$128,814
$200,000 nationally
$171,752

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.6 points over this period.

Year Overall
2008 84.2
2009 81.9
2010 84.0
2011 85.4
2012 85.8
2013 85.1
2014 85.6
2015 85.5
2016 84.8
2017 85.4
2018 84.6
2019 85.4
2020 85.5
2021 86.7
2022 86.5
2023 86.0
2024 85.9

Metros with Similar Cost of Living

These metros have an overall RPP closest to Jonesboro, AR's index of 85.9.

Related Data for Jonesboro

Frequently Asked Questions

What is the cost of living in Jonesboro, AR?
Jonesboro, AR has a Regional Price Parity (RPP) index of 85.9, meaning it is 14.1% less expensive than the national average. Goods are indexed at 93.6, services at 75.0, and rents at 53.8. It ranks #371 out of 387 U.S. metro areas by overall cost.
What salary do I need in Jonesboro, AR to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $85,876 in Jonesboro, AR. Conversely, $100K earned in Jonesboro, AR has the purchasing power of $116,447 at the national average.
How expensive is rent in Jonesboro, AR?
Rents in Jonesboro, AR are indexed at 53.8, which is 46.2% below the national average. This makes the area relatively affordable for renters.
Is Jonesboro, AR getting more expensive?
From 2008 to 2024, Jonesboro, AR's overall cost index changed by +1.6 points (from 84.2 to 85.9). The cost of living has remained relatively stable.
What metros have a similar cost of living to Jonesboro, AR?
Metros with the most similar overall cost index include Fort Smith, McAllen-Edinburg-Mission, Lake Charles. These areas have RPP values within a few points of Jonesboro, AR's 85.9.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page