Housing costs in Okolona?
A typical home costs
$74,700, which is 77.9% less expensive than the national average of
$338,100 and 58.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Okolona costs
$630 per month, which is 55.9% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$840.
Can I afford Okolona?
To live comfortably in Okolona, Arkansas, a minimum annual income of
$14,400 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Okolona?
The cost of living in Okolona, AR is quite affordable. The overall cost of living index is about 8% lower than the national average, making it an attractive option for those looking to settle down and buy a home or start a business. Prices for housing in Okolona are quite reasonable with apartments averaging around $600 a month and houses ranging from $100,000 to $175,000 depending on size and location. Groceries, transportation, healthcare and other necessities are also very competitively priced compared to other locations in the state. As such Okolona is an affordable place to live that offers great amenities and a comfortable lifestyle.