CostIndexUSA

Corvallis, OR vs Jonesboro, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent

Jonesboro is significantly cheaper than Corvallis — 17.4% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $66,100 in Jonesboro. Calculate your salary ↓

Category Breakdown

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

🏠 Housing53.0%
Corvallis
114.4
Jonesboro
53.8
🛒 Groceries11.1%
Corvallis
105.3
Jonesboro
93.6
🚗 Transportation4.9%
Corvallis
105.3
Jonesboro
100.1
🏥 Healthcare5.0%
Corvallis
95.3
Jonesboro
90.5
Utilities30.9%
Corvallis
108.6
Jonesboro
75

Salary Equivalency Calculator

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

$
Equivalent salary in Jonesboro, AR
$66,100
$13,900 less needed in Jonesboro

Formula: salary × (85.9 ÷ 104) = salary × 0.8260. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Jonesboro, AR

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

Corvallis has 53.0% lower housing costs compared to Jonesboro.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×income-to-rent ratio

68% 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.