Wilmot, AR Cost of Living


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United States / Arkansas / No Metro Area / Ashley County / Wilmot / Zip Codes
How much do I need to live in Wilmot, Arkansas?
$870 / month
for a family, 83.9% less expensive than the national average A total of $10,440 for the year for a family.
$1,533 / month
for a single person, 67.8% less expensive than the national average A total of $18,400 for the year for a single person.

Wilmot cost of living score
66.4
Less expensive
33.6% lower
than the US average
14.3% lower
than the Arkansas average
Wilmot, Arkansas gets a BestPlaces Cost of Living score of 66.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 33.6% lower than the U.S. average and 14.3% higher than the average for Arkansas.

Wilmot, AR

Housing costs in Wilmot?
A typical home costs $54,800, which is 83.8% less expensive than the national average of $338,100 and 69.9% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Wilmot costs $560 per month, which is 60.8% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $840.

Can I afford Wilmot?
To live comfortably in Wilmot, Arkansas, a minimum annual income of $10,440 for a family, and $18,400 for a single person is recommended.

What does A.I. say about Wilmot?
The cost of living in Wilmot, AR is relatively low compared to the national average. The median household income for the area is about $37,000 and the median home value is slightly under $90,000. The median rent for a two-bedroom apartment is just over $500 per month. Groceries and other necessities are also very reasonably priced. Overall, Wilmot, AR offers an affordable lifestyle for those looking to relocate or make a new start in life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWilmotArkansasUnited States
    Unlock77.5100.0
  86.9  Unlock100.0
    Unlock92.1100.0
  12.3  Unlock100.0
    Unlock$181,800$338,100
  92.0  Unlock100.0
    Unlock81.6100.0
  68.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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