Housing costs in Marshall?
A typical home costs
$98,800, which is 70.8% less expensive than the national average of
$338,100 and 45.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Marshall costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$840.
Can I afford Marshall?
To live comfortably in Marshall, Arkansas, a minimum annual income of
$19,080 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Marshall?
The cost of living in Marshall, AR is relatively low in comparison to other parts of the state and country. According to the Cost of Living Calculator from Best Places, Marshall has an index score of 79.7, which is significantly lower than the national average (100). This means that basic necessities such as groceries, healthcare, and utilities are all cheaper than they would be in other locations. In addition to a low overall cost of living, housing prices in Marshall are also very affordable. The median home value for Marshall is $83,900, which is significantly lower than both Arkansas' median home value of $135,800 and the nation's median home value of $231,200. All in all, residents of Marshall can enjoy a high quality of life without having to pay astronomical prices for their basic needs.