Cost of living in Fayetteville
Fayetteville, located in the scenic state of Arkansas, offers a unique blend of urban and rural living. Understanding the cost of living in this vibrant city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Fayetteville, covering everything from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75, with prices ranging from $47.61 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $7.99 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $8, imported beer $5 to $10, cappuccino $3 to $8, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.8 and $1.45 per liter, averaging $0.92.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.54 and $4.67, with an average price of $3.05.
- Eggs (Dozen) - A dozen eggs range from $1.95 to $6.95, averaging $4.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.84 to $6 per kg, while oranges range from $2.65 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $8.8 per kg, and lettuce costs $1.49 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.75 and $3.75.
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.25 to $1.55 per km and $30 to $35 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $1900, averaging $1533.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $850 to $1250, averaging $1033.33.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2500 to $3200, averaging $2833.33.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1500 to $2500, averaging $2166.67.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $2185.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2002.09 to $2185, averaging $2093.54.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $152.49 and $378.2, averaging $176.39.
- Internet - Internet services range from $49.99 to $108, with an average cost of $63.99.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Fayetteville offers a relatively affordable cost of living compared to larger metropolitan areas, with moderate housing and dining costs.
Transportation is economical, especially for those who rely on public transit or own fuel-efficient vehicles.
Grocery prices are reasonable, though some items like eggs and certain fruits can vary significantly in price.
Conclusion
In conclusion, Fayetteville, AR, presents a balanced cost of living that appeals to both families and individuals seeking a mix of urban and rural lifestyles.
While housing and utilities are moderately priced, careful budgeting can help manage expenses effectively, making Fayetteville an attractive option for many.