Is Electricity Cheap In Arkansas?

Arkansas State Energy Profile Arkansas ranks among the 10 states with the lowest average electricity retail price, and about half the state’s households rely on electricity for heating.

What is the average electric bill in Arkansas?

$178/month
Electricity bills in Arkansas
In Arkansas, the average monthly electricity bill for residential consumers is $178/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,465 kWh * 12 ¢/kWh.

Which state has the lowest cost of electricity?

Across all sectors, Hawaii has the highest electricity rate (27.55 cents), and Louisiana has the lowest electricity rate (7.51 cents).

How much do bills cost in Arkansas?

In Arkansas, the average monthly bills are $89.52 on electricity, $107.72 towards natural gas, $51.04 for internet, $100 to go towards cable, and $40.00 to water; adding up to $388.28.

What states have the cheapest utilities?

Lowest: Kentucky
Residents of Kentucky enjoy some of the lowest utility bills in the country, with rates hovering around 8.13 cents per kWh.

Is electricity expensive in Arkansas?

Arkansas State Energy Profile
Arkansas ranks among the 10 states with the lowest average electricity retail price, and about half the state’s households rely on electricity for heating.

What’s the average cost of living in Arkansas?

An amount below 100 means Arkansas is cheaper than the US average. A cost of living index above 100 means Arkansas, Arkansas is more expensive.
Arkansas cost of living is 79.0.

COST OF LIVING Arkansas United States
Grocery 92.7 100
Health 86.5 100
Housing 55.7 100
Median Home Cost $145,300 $291,700
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What state has most expensive electricity?

Electricity Rates By State

  • The Average Electricity Rate in the U.S. is 10.42 cents per kilowatt-hour.
  • Hawaii has the highest average electricity rate of 30.55 cents per kilowatt-hour.
  • Louisiana has the lowest average electricity rate of 7.01cents per kilowatt-hour.

What states have the highest electric bills?

Hawaii is the U.S. state with the highest household electricity. In February 2022, the average retail price of electricity for Hawaiian residences amounted to roughly 40 cents per kilowatt hour. California followed in second, with 26.7 cents per kilowatt hour.

Where is electricity most expensive?

The Pacific island nation of Solomon Islands has the highest electricity cost in the world, at a staggering 99 US cents per kilowatt hour. The other countries with high energy prices are primarily tropical islands like Vanuatu, the US Virgin Islands, the Cook Islands, and Tonga.

Where is the cheapest place to live in Arkansas?

2021 Most Affordable Cities in Arkansas

  • Forrest City.
  • Helena.
  • West Memphis.
  • El Dorado.
  • Blytheville.
  • Harrison.
  • Hope.
  • Russellville.

Is Arkansas a good place to live?

If you desire to keep your living costs low, want affordable property taxes, and nice weather. Plus you enjoy participating in outdoor activities. And prefer that all of it is located in a setting of smaller cities and charming home towns. Then, yes Arkansas is a good state to live in.

Where does Arkansas rank in cost of living?

9
The city with the lowest cost of living index for 2022 was St. Louis, with an index of 85.0. The city with the highest cost of living was Columbia, with an index of 95.2.
2022 First Quarter Cost of Living.

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Rank 1 9
State Mississippi Arkansas
Index 83.1 89.9
Grocery 92.3 92.9
Housing 63.8 76.7

What is the most expensive utility?

electricity
Hawaii: The biggest culprit in Hawaii is electricity, which ranks as the most expensive in the United States. Electricity costs an average of $168.21 monthly.

What state has the highest water bill?

Alaska has the most expensive water costs of any state at $95 per month, followed by West Virginia at $72.
Cost of Water Bills by State

  • Oregon ($76)
  • Washington ($75)
  • New Jersey ($72)
  • Connecticut ($69)
  • Alaska ($68)
  • Hawaii ($64)
  • Arizona ($64)
  • Wyoming ($53)

Is electricity more expensive than gas?

So, is electric or gas heat cheaper? Using off-peak electricity, conventional electric heating may cost about twice as much as gas heating to run.

What is the average electric bill in Little Rock Arkansas?

Electricity bills in Little Rock, AR
In Little Rock, AR, the average monthly electricity bill for residential consumers is $164/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,465 kWh * 11 ¢/kWh.

How much are utilities in Little Rock AR?

Little Rock cost of living is 82.5

COST OF LIVING Little Rock Arkansas
Health 86.3 86.5
Housing 61.9 55.7
Median Home Cost $163,100 $145,300
Utilities 95.1 95.6

How much are utilities in Fayetteville AR?

Fayetteville cost of living is 92.9

COST OF LIVING Fayetteville Arkansas
Median Home Cost $265,000 $145,300
Utilities 92.6 95.6
Transportation 86.6 81.6
Miscellaneous 94.1 93.9

Why are houses so cheap in Arkansas?

Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.

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How much money do you need to live comfortably in Arkansas?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 1 Child
Required annual income after taxes $25,918 $48,890
Annual taxes $6,419 $12,108
Required annual income before taxes $32,336 $60,999