Housing costs in McRae?
A typical home costs
$135,500, which is 59.9% less expensive than the national average of
$338,100 and 25.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in McRae 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 McRae?
To live comfortably in McRae, Arkansas, a minimum annual income of
$25,920 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about McRae?
The cost of living in McRae, AR is quite affordable compared to other parts of the country. Housing costs are generally low, with median home values below the national average. The area also has a wide variety of restaurants and shops offering goods and services at reasonable prices. Prices on food, utilities, transportation, health care, and other necessities are all fairly inexpensive as well. Overall, the cost of living in McRae, AR is quite manageable for individuals and families looking for an affordable place to call home.