Housing costs in Grannis?
A typical home costs
$96,900, which is 71.3% less expensive than the national average of
$338,100 and 46.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Grannis costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 23.5% cheaper than the state average of
$840.
Can I afford Grannis?
To live comfortably in Grannis, Arkansas, a minimum annual income of
$18,720 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Grannis?
The cost of living in Grannis, AR is generally low compared to the national average. The median home value in Grannis is roughly $62,000, which is significantly lower than the national median of $217,600. Additionally, food and energy costs are below the national averages. Average rent prices tend to be around $580 per month. Overall, living expenses in Grannis are fairly low and can be affordable for many people looking for a place to call home.