Housing costs in Gateway?
A typical home costs
$297,900, which is 11.9% less expensive than the national average of
$338,100 and 63.9% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Gateway costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 2.3% more than the state average of
$840.
Can I afford Gateway?
To live comfortably in Gateway, Arkansas, a minimum annual income of
$57,240 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Gateway?
The cost of living in Gateway, AR is relatively low compared to other cities in the United States. The median home price is just over $100,000, and the median household income is around $45,000. Groceries, healthcare, and utilities are all generally cheaper when compared to the national average. Additionally, there are no state or city taxes in Gateway, making it a great place to live for those on a tight budget. The combination of low housing prices and no taxes make Gateway an attractive destination for people looking to save money.