Housing costs in Booneville?
A typical home costs
$90,400, which is 73.3% less expensive than the national average of
$338,100 and 50.3% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Booneville 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 Booneville?
To live comfortably in Booneville, Arkansas, a minimum annual income of
$17,280 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Booneville?
The cost of living in Booneville, AR is relatively affordable compared to other parts of the country. The overall cost of living index is 78, which is well below the national average of 100. This means that things like groceries, housing, and transportation tend to be more affordable in Booneville than the national average. Additionally, taxes are lower than in many other states. Property taxes for a median-value home are estimated at just 0.57%. Sales tax is also low at 6%, but food is not taxed at all. With its low cost of living and abundance of amenities, Booneville is an ideal place to live and work.