Housing costs in Mineral Springs?
A typical home costs
$103,800, which is 69.3% less expensive than the national average of
$338,100 and 42.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Mineral Springs costs
$640 per month, which is 55.2% cheaper than the national average of
$1,430 and 31.3% cheaper than the state average of
$840.
Can I afford Mineral Springs?
To live comfortably in Mineral Springs, Arkansas, a minimum annual income of
$19,800 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Mineral Springs?
The cost of living in Mineral Springs, AR is quite low. The overall cost of living index is 15.1% lower than the national average, making it an ideal location for people looking to stretch their dollar. Renting a one-bedroom apartment will cost approximately $500/month and utilities are relatively inexpensive. Groceries are also affordable, with most staples costing much less than the national average. Overall, Mineral Springs is an excellent location for people who want to live comfortably on a budget.