Housing costs in New Edinburg?
A typical home costs
$86,400, which is 74.4% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in New Edinburg 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 New Edinburg?
To live comfortably in New Edinburg, Arkansas, a minimum annual income of
$16,560 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about New Edinburg?
The cost of living in New Edinburg, AR is quite affordable. The median home value is just below $100,000, which makes it one of the more affordable cities in Arkansas. The cost of groceries and other items is also quite reasonable, and residents enjoy a low overall cost of living compared to many other parts of the country. Rent for apartments and homes are also quite inexpensive, making New Edinburg a great choice for those looking to save money on their housing costs. Overall, New Edinburg offers an excellent quality of life at an attractive price.