Housing costs in Damascus?
A typical home costs
$142,000, which is 58.0% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Damascus 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 Damascus?
To live comfortably in Damascus, Arkansas, a minimum annual income of
$27,360 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Damascus?
The cost of living in Damascus, AR is relatively low compared to many other parts of the country. According to BestPlaces, the overall cost of living index for Damascus is rated at 83.4, which is 17% lower than the national average. Housing costs are particularly low; renting a three-bedroom apartment in the city center will typically cost around $650 per month while outside of the city it may be slightly less expensive. Food and transportation expenses are also quite reasonable, with meals costing an average of $10 and local transport being available for just over one dollar per ride. Overall, living in Damascus can be very affordable for those looking to enjoy the beauty and tranquility of this small town.