Housing costs in Gillett?
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 Gillett costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$840.
Can I afford Gillett?
To live comfortably in Gillett, Arkansas, a minimum annual income of
$20,880 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Gillett?
The cost of living in Gillett, AR is quite affordable. According to the United States Bureau of Economic Analysis, the overall cost of living is nearly 10% lower than the national average. This makes it an attractive place for those looking to stretch their budget. The median rent for a typical two bedroom apartment is $454 per month, while the median home price in Gillett is around $68,000. Groceries and other common household items can typically be found at competitive prices as well. With low taxes and affordable housing costs, Gillett offers a great option for those looking for a more affordable lifestyle without sacrificing quality of life.