Holly Grove, AR Cost of Living


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United States / Arkansas / No Metro Area / Monroe County / Holly Grove / Zip Codes

Holly Grove cost of living score
67.8
Less expensive
32.2% lower
than the US average
12.5% lower
than the Arkansas average
Holly Grove, Arkansas gets a BestPlaces Cost of Living score of 67.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.2% lower than the U.S. average and 12.5% higher than the average for Arkansas.

Holly Grove, AR

Housing costs in Holly Grove?
A typical home costs $68,600, which is 79.7% less expensive than the national average of $338,100 and 62.3% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Holly Grove 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 Holly Grove?
To live comfortably in Holly Grove, Arkansas, a minimum annual income of $13,320 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Holly Grove?
The cost of living in Holly Grove, AR is relatively low compared to the national average. The median home price is $112,800 which is significantly less than the US median of $231,200. Additionally, the cost of living index in Holly Grove is 86.2, which is below the US average of 100. The area also enjoys a low unemployment rate of 3.7%, with an average household income hovering around $41,000 per year. With such low costs and job opportunities available, it makes Holly Grove an attractive place for families and individuals looking to live their best life without breaking the bank.
   Cost of living score
     CategoriesHolly GroveArkansasUnited States
  67.877.5100.0
  91.492.7100
  91.792.1100.0
  15.649.8100.0
  $68,600$181,800$338,100
  94.6%95.6%100.0%
  75.381.6100.0
  65.574.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Holly Grove, AR cost of living
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