Housing costs in London?
A typical home costs
$160,100, which is 52.6% less expensive than the national average of
$338,100 and 11.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in London costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 15.1% cheaper than the state average of
$840.
Can I afford London?
To live comfortably in London, Arkansas, a minimum annual income of
$30,600 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about London?
The cost of living in London, AR is very affordable. The local economy consists of a variety of industries, including manufacturing, healthcare, retail, and construction. The median home value here is $78,700, which is lower than the national median of $219,700. Property taxes are also low at 0.62%. Groceries and other daily essentials are relatively cheap compared to larger cities. The median household income for London residents is around $35,400 annually. With these factors combined, it’s easy to see why London is an attractive option for those looking to live somewhere affordable and comfortable.