CostIndexUSA

Billings, MT vs Jonesboro, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Billings
93.5
overall index
$1,400/mo rent
More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent

Jonesboro is moderately cheaper than Billings — 8.1% lower overall cost of living.

To match an $80,000 salary in Billings, you would need $73,500 in Jonesboro. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing30.5%
Billings
77.4
Jonesboro
53.8
🛒 Groceries2.5%
Billings
96
Jonesboro
93.6
🚗 Transportation3.5%
Billings
103.7
Jonesboro
100.1
🏥 Healthcare3.5%
Billings
93.8
Jonesboro
90.5
Utilities+3.6%
Billings
72.4
Jonesboro
75

Salary Equivalency Calculator

Enter your current salary in Billings to see what you'd need to earn in Jonesboro to maintain the same purchasing power.

$
Equivalent salary in Jonesboro, AR
$73,500
$6,500 less needed in Jonesboro

Formula: salary × (85.9 ÷ 93.5) = salary × 0.9187. Based on BEA Regional Price Parities.

Housing Market

Billings, MT

Median Home Price
$392,000
Median Monthly Rent
$1,400
Housing Index
77.4
Price-to-Rent Ratio
23.3×

Jonesboro, AR

Median Home Price
$196,000
Median Monthly Rent
$1,325
Housing Index
53.8
Price-to-Rent Ratio
12.3×

Billings has 30.5% lower housing costs compared to Jonesboro.

Income & Job Market

Billings, MT

Median Household Income
$70,800
Per Capita Income
$40,400
Unemployment Rate
3.2%
Population
117,116
Top Industries
EnergyHealthcareRetailAgricultureManufacturing

Jonesboro, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
77,678
Top Industries
HealthcareEducationManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Billings, MT
4.2×income-to-rent ratio

76% of income left after rent (median)

Jonesboro, AR
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.