Hoxie, AR Cost of Living


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Hoxie cost of living score
69.3
Less expensive
30.7% lower
than the US average
10.6% lower
than the Arkansas average
Hoxie, Arkansas gets a BestPlaces Cost of Living score of 69.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.7% lower than the U.S. average and 10.6% higher than the average for Arkansas.

Hoxie, AR

Housing costs in Hoxie?
A typical home costs $72,100, which is 78.7% less expensive than the national average of $338,100 and 60.3% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Hoxie 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 Hoxie?
To live comfortably in Hoxie, Arkansas, a minimum annual income of $13,680 for a family, and $20,000 for a single person is recommended.

What does A.I. say about Hoxie?
The cost of living in Hoxie, AR is relatively low compared to other areas. The median housing cost for a homeowner is $94,100, and the median monthly rent for renters is $834. Taxes are also quite reasonable; the effective property tax rate is 0.6%, which is significantly lower than the national average. Overall, Hoxie offers an affordable option for those looking to buy or rent a home without breaking the bank.
   Cost of living score
     CategoriesHoxieArkansasUnited States
  69.377.5100.0
  91.692.7100
  92.592.1100.0
  25.849.8100.0
  $72,100$181,800$338,100
  94.9%95.6%100.0%
  77.681.6100.0
  65.974.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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