Housing costs in Fargo?
A typical home costs
$55,200, which is 83.7% less expensive than the national average of
$338,100 and 69.6% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fargo costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$840.
Can I afford Fargo?
To live comfortably in Fargo, Arkansas, a minimum annual income of
$10,440 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Fargo?
Fargo, AR is a great place to live with a very affordable cost of living. The overall cost of living index in Fargo is 85, which is 15% lower than the U.S. average. Renting in Fargo is very attractive as it averages around $340 per month, while the median home cost sits at a reasonable $87,000. Groceries and healthcare are also relatively inexpensive in Fargo compared to other areas and the local sales tax rate is 7%. All in all, Fargo is an ideal place for those looking for an affordable place to live and work.