Housing costs in Lafe?
A typical home costs
$109,300, which is 67.7% less expensive than the national average of
$338,100 and 39.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lafe costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$840.
Can I afford Lafe?
To live comfortably in Lafe, Arkansas, a minimum annual income of
$20,880 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Lafe?
The cost of living in Lafe, AR is quite affordable. Goods and services are reasonably priced and the overall cost of living index is roughly 8 percent lower than the national average. The median home value in Lafe is $63,400 which gives the town a rather affordable housing market. Utilities such as electricity, gas, and water are all lower than national averages as well. Furthermore, groceries and transportation tend to be more affordable than other areas of the country. All in all, Lafe provides an excellent quality of life without breaking your budget.