Housing costs in West Memphis?
A typical home costs
$102,100, which is 69.8% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in West Memphis costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and close to the state average of
$840.
Can I afford West Memphis?
To live comfortably in West Memphis, Arkansas, a minimum annual income of
$19,440 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about West Memphis?
The cost of living in West Memphis, AR is quite reasonable. The cost of housing is around 6% lower than the national average, making it a great place to live for those who are looking for an affordable place to call home. Additionally, groceries and healthcare costs are also lower than the national average. Overall, West Memphis offers a great quality of life while still providing an affordable option for those on a budget.