Housing costs in Hot Springs Village?
A typical home costs
$270,400, which is 20.0% less expensive than the national average of
$338,100 and 48.7% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Hot Springs Village costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 30.0% more than the state average of
$840.
Can I afford Hot Springs Village?
To live comfortably in Hot Springs Village, Arkansas, a minimum annual income of
$51,840 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Hot Springs Village?
The cost of living in Hot Springs Village, AR is relatively low compared to other parts of the state. The cost of housing is very affordable, with median home costs ranging from $150,000-$200,000 depending on location and quality. This makes it an attractive option for those looking to move out of a more expensive area in Arkansas. Groceries are also very inexpensive, with the average cost for a large grocery bill coming in at about $50. Utility costs are below average too, making it easier to keep up with your monthly bills. All in all, Hot Springs Village offers an affordable option for those looking to move somewhere new and start fresh.