Housing costs in LaGrange?
A typical home costs
$161,500, which is 52.2% less expensive than the national average of
$338,100 and 11.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in LaGrange costs
$630 per month, which is 55.9% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$840.
Can I afford LaGrange?
To live comfortably in LaGrange, Arkansas, a minimum annual income of
$30,960 for a family, and
$19,200 for a single person is recommended.
What does A.I. say about LaGrange?
The cost of living in LaGrange, AR is relatively low compared to other cities in the United States. The median home value for LaGrange is just over $102,000 and the median rent is around $690 per month. Property taxes are also quite reasonable with an average rate of 1.1%. Grocery costs are slightly higher than the national average at about 10-13% more expensive, while transportation costs are on par with what one would expect to pay elsewhere. The unemployment rate here is well below the national average as well, currently sitting at 4.2%. All told, LaGrange provides its residents with a very low cost of living that makes it an attractive place to live and work.