Housing costs in Ravenden Springs?
A typical home costs
$121,400, which is 64.1% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Ravenden Springs costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$840.
Can I afford Ravenden Springs?
To live comfortably in Ravenden Springs, Arkansas, a minimum annual income of
$23,400 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Ravenden Springs?
The cost of living in Ravenden Springs, AR is relatively low compared to the rest of the United States. The median home price in Ravenden Springs is around $50,000, which is about 80% lower than the national average. Additionally, basic necessities like food, transportation, and health care are all much more affordable than most other places. Other expenses such as taxes and utilities tend to be on par with other areas in Arkansas. All in all, Ravenden Springs is a great place to live if you're looking for an affordable lifestyle.