Housing costs in Cove?
A typical home costs
$118,000, which is 65.1% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Cove costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$840.
Can I afford Cove?
To live comfortably in Cove, Arkansas, a minimum annual income of
$22,680 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Cove?
The cost of living in Cove, AR is quite affordable compared to other cities in Arkansas. The median household income is roughly $45,500, and the median home value is around $124,000. The cost of groceries and other essentials are generally lower than the national average, and there are a variety of housing options available for those looking to buy or rent. Property taxes are also relatively low, which helps keep costs down for residents. Overall, Cove offers an affordable and comfortable quality of life for its citizens.