Housing costs in Gravette?
A typical home costs
$256,200, which is 24.2% less expensive than the national average of
$338,100 and 40.9% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Gravette costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% more than the state average of
$840.
Can I afford Gravette?
To live comfortably in Gravette, Arkansas, a minimum annual income of
$48,960 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Gravette?
The cost of living in Gravette, AR is relatively low compared to the national average. The cost of housing is 4.2% lower than the national average, while the median household income is 6.9% lower than the national average. At an overall cost of living index of 83.7, Gravette is a great place to live for those looking for a more affordable lifestyle. The city also has great amenities such as nearby recreational parks and outdoor activities, making it a desirable location for families or individuals looking to save money without sacrificing quality of life.