Housing costs in Gilmore?
A typical home costs
$115,400, which is 65.9% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Gilmore costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 2.4% cheaper than the state average of
$840.
Can I afford Gilmore?
To live comfortably in Gilmore, Arkansas, a minimum annual income of
$21,960 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Gilmore?
The cost of living in Gilmore, AR is quite affordable compared to many other cities around the country. According to BestPlaces, the cost of living index in Gilmore is 7% lower than the United States average, making it an attractive and wallet-friendly place to live. The housing prices are very reasonable with a median home price of $130,500. Food costs also remain low with restaurant prices being 20% cheaper than the national average. Utilities such as electricity are on par with the US average at an index value of 100%. Overall, there are plenty of reasons to consider moving to or visiting the vibrant community of Gilmore, AR.