Housing costs in Cave Springs?
A typical home costs
$453,000, which is 34.0% more expensive than the national average of
$338,100 and 149.2% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Cave Springs costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 36.8% more than the state average of
$840.
Can I afford Cave Springs?
To live comfortably in Cave Springs, Arkansas, a minimum annual income of
$86,760 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Cave Springs?
The cost of living in Cave Springs, AR is quite moderate and affordable compared to the average prices found in many larger cities. The median home price is around $120,000, which is significantly lower than the national average of $200,000. Renters can find reasonable apartments for under $800 per month. Groceries at local markets are about 6% cheaper than the US average, while utilities are 5% more expensive. Overall, Cave Springs offers residents a great quality of life at an affordable price.