Housing costs in Little Rock?
A typical home costs
$188,000, which is 44.4% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$840.
Can I afford Little Rock?
To live comfortably in Little Rock, Arkansas, a minimum annual income of
$36,000 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Little Rock?
Little Rock is Arkansas’s capital located right along side major highway I-30 connecting it directly with Dallas (TX) & Memphis (TN). The cost-of-living remains fairly affordable despite being relatively close to some larger cities such as Dallas & Memphis - renting accommodation typically ranges somewhere between $700 - $1,100 monthly whilst utilities such as electric & telephone should come at numerously cheap prices relative elsewhere across USA ! Transportation costs tend not deviate much from national averages helping aid this cheaper lifestyle saving even more if you need travel out frequently whilst groceries & health care charges again remain similar typical US averages but still cheaper than most places situated along I-30 corridor!