Housing costs in Lake View?
A typical home costs
$41,500, which is 87.7% less expensive than the national average of
$338,100 and 77.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lake View costs
$580 per month, which is 59.4% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$840.
Can I afford Lake View?
To live comfortably in Lake View, Arkansas, a minimum annual income of
$7,920 for a family, and
$18,000 for a single person is recommended.
What does A.I. say about Lake View?
The cost of living in Lake View, AR is relatively low compared to other parts of the United States. The median household income for families in Lake View is slightly lower than the national average, making it a great place to start a family without breaking the bank. The housing costs are especially affordable, with the median list price of homes for sale being one-third that of most other states. Additionally, taxes are low which helps to alleviate some of the financial burden associated with living in Lake View. Overall, residents enjoy a comfortable lifestyle at an affordable rate.