Housing costs in Bay?
A typical home costs
$108,100, which is 68.0% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Bay costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 5.0% cheaper than the state average of
$840.
Can I afford Bay?
To live comfortably in Bay, Arkansas, a minimum annual income of
$20,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Bay?
Bay, AR is known for its affordability when it comes to cost of living. According to BestPlaces, the cost of living index in Bay is 82.9, which is below the national average of 100. Housing costs in Bay are especially low compared to other areas in Arkansas; the median home price in this area is approximately $75,000, and rent prices typically range from $450-$650 per month. Additionally, food and transportation costs are quite reasonable, making life in Bay affordable for both residents and visitors alike.