cost of living russellville ar,Cost of Living Russellville, AR: A Detailed Guide

Cost of Living Russellville, AR: A Detailed Guide

Are you considering a move to Russellville, Arkansas? Understanding the cost of living is crucial in making an informed decision. This comprehensive guide will delve into various aspects of the cost of living in Russellville, AR, to help you get a clearer picture of what to expect.

1. Housing Costs

One of the most significant expenses in any location is housing. In Russellville, the average cost of a home is relatively affordable compared to other parts of the country. According to Zillow, the median home value in Russellville is around $150,000. This is significantly lower than the national median of $265,000.

For renters, the average rent for a one-bedroom apartment is approximately $700, while a two-bedroom apartment costs around $900. These rates are competitive and provide a good value for your money.

2. Transportation Costs

Transportation costs can vary greatly depending on your lifestyle and whether you own a vehicle. In Russellville, the average cost of gasoline is slightly below the national average, making it more affordable for those who rely on their cars.

Public transportation options in Russellville are limited, with the city bus system providing service to various areas. However, for most residents, owning a car is the primary mode of transportation. The average cost of car insurance in Russellville is around $1,200 per year, which is comparable to the national average.

3. Utilities

Utilities are another essential expense to consider when evaluating the cost of living in Russellville. The average monthly utility bill for a single-person household is approximately $100, which includes electricity, water, and garbage services. This cost can vary depending on the size of your home and your energy consumption habits.

4. Groceries and Dining Out

Food costs can vary significantly depending on your dietary preferences and habits. In Russellville, the average cost of groceries is slightly below the national average. For a family of four, the estimated monthly grocery budget is around $600 to $700.

When it comes to dining out, there are numerous options available in Russellville, ranging from fast food to fine dining. The average cost of a meal for two at a mid-range restaurant is around $30 to $40. This provides a good balance between affordable and quality dining experiences.

5. Healthcare

Healthcare costs can be a significant concern for many individuals and families. In Russellville, the average cost of healthcare is slightly below the national average. The city has several hospitals and medical facilities, including the Conway Regional Medical Center, which provides a range of services to residents.

The average monthly healthcare premium for an individual is around $300, while a family plan can cost up to $1,200. Additionally, the cost of prescription medications can vary, so it’s essential to consider this expense when budgeting for healthcare.

6. Entertainment and Recreation

Russellville offers a variety of entertainment and recreational activities for residents of all ages. The city has several parks, a public pool, and a sports complex, making it an ideal place for outdoor enthusiasts. Additionally, the Russellville Arts Center hosts various events and performances throughout the year.

For those interested in sports, the city has a minor league baseball team, the Conway Twins, which provides affordable entertainment options. The average cost of a ticket to a minor league baseball game is around $10 to $15.

7. Conclusion

When considering the cost of living in Russellville, AR, it’s essential to weigh the various expenses and determine what is most important to you. While housing and transportation costs are relatively affordable, other expenses such as healthcare and entertainment may vary depending on your lifestyle.

By understanding the cost of living in Russellville, you can make a more informed decision about whether it’s the right place for you and your family.