Magness, AR Cost of Living


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Magness cost of living score
71.3
Less expensive
28.7% lower
than the US average
8.0% lower
than the Arkansas average
Magness, Arkansas gets a BestPlaces Cost of Living score of 71.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.7% lower than the U.S. average and 8.0% higher than the average for Arkansas.

Magness, AR

Housing costs in Magness?
A typical home costs $116,300, which is 65.6% less expensive than the national average of $338,100 and 36.0% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Magness costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $840.

Can I afford Magness?
To live comfortably in Magness, Arkansas, a minimum annual income of $22,320 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Magness?
The cost of living in Magness, AR is relatively low compared to many other cities in the US. The median home cost is around $69,000, which is much lower than the national median of $184,700. Other living expenses such as utilities, groceries and transportation costs are also quite affordable. This makes Magness a great option for individuals and families who don't want to break the bank when it comes to buying a home or making day-to-day purchases. Additionally, with its strong sense of community and abundance of outdoor activities in the nearby Ozark Mountains, it's easy to see why so many people are choosing to call Magness their home.
   Cost of living score
     CategoriesMagnessArkansasUnited States
  71.377.5100.0
  91.192.7100
  91.792.1100.0
  9.649.8100.0
  $116,300$181,800$338,100
  97.3%95.6%100.0%
  71.081.6100.0
  75.974.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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