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.