Housing costs in Palestine?
A typical home costs
$96,800, which is 71.4% less expensive than the national average of
$338,100 and 46.8% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Palestine costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$840.
Can I afford Palestine?
To live comfortably in Palestine, Arkansas, a minimum annual income of
$18,720 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Palestine?
The cost of living in Palestine, AR is relatively low compared to the national average. The overall cost of living index is 81.2, which is 19.8% lower than the national average. This means that buying groceries, rent, transportation and utilities are much more affordable than in other areas of the country. Housing prices are especially low at a median of $63,500, making it a great place for first-time homebuyers looking for a more affordable option. Despite its affordability, Palestine still offers an array of restaurants and entertainment venues to enjoy when visiting or while living there.