Housing costs in Lockesburg?
A typical home costs
$119,300, which is 64.7% less expensive than the national average of
$338,100 and 34.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lockesburg costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$840.
Can I afford Lockesburg?
To live comfortably in Lockesburg, Arkansas, a minimum annual income of
$22,680 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Lockesburg?
The cost of living in Lockesburg, AR is relatively low compared to larger cities. The median home value is $88,300 and the median rent for a two-bedroom apartment is around $650 per month. Groceries and utilities are also much cheaper than in bigger cities. In addition, the local economy relies heavily on agriculture and there are numerous small family-owned businesses that offer goods and services at reasonable prices. All in all, Lockesburg is an affordable place to live with plenty of local amenities to meet daily needs.