Housing costs in Prescott?
A typical home costs
$65,400, which is 80.7% less expensive than the national average of
$338,100 and 64.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Prescott costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$840.
Can I afford Prescott?
To live comfortably in Prescott, Arkansas, a minimum annual income of
$12,600 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Prescott?
Prescott, AR is an affordable place to live. The cost of living in the city is 7% lower than the U.S. average, and the median home price is just $90,900, making it one of the most affordable cities in Arkansas. Other expenses are also less expensive than other parts of the state and country, with groceries costing about 2% lower than the nation’s average and utilities coming in 12% lower. This makes Prescott a great option for anyone looking for an inexpensive place to call home without compromising on quality of life or amenities.