Housing costs in Scranton?
A typical home costs
$149,000, which is 55.9% less expensive than the national average of
$338,100 and 18.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Scranton 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 Scranton?
To live comfortably in Scranton, Arkansas, a minimum annual income of
$28,440 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Scranton?
Scranton, AR has a low cost of living, making it an attractive option for those looking to relocate to Arkansas. According to bestplaces.net, the cost of living index in Scranton is at 84.1, which is 16.9% lower than the U.S average. Housing costs are particularly low, with median home prices at $60,300 and average rent for a two-bedroom apartment costing around $625 per month. Utilities and transportation are also relatively inexpensive in Scranton. Overall, the city offers a great quality of life at an affordable price.