Housing costs in McAlmont?
A typical home costs
$209,000, which is 38.2% less expensive than the national average of
$338,100 and 15.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in McAlmont costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% more than the state average of
$840.
Can I afford McAlmont?
To live comfortably in McAlmont, Arkansas, a minimum annual income of
$39,960 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about McAlmont?
The cost of living in McAlmont, AR is relatively affordable compared to many other areas. Housing costs are among the lowest in the nation, with an average cost of a home being just over $90,000. The median household income is also lower than most states across the country, at just under $35,000 per year. While this means that some essentials may be more expensive than what can be found elsewhere, overall the cost of living in McAlmont is quite reasonable for families looking to move to the area.