Housing costs in Newhope?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Newhope costs
$630 per month, which is 55.9% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$840.
Can I afford Newhope?
To live comfortably in Newhope, Arkansas, a minimum annual income of
$19,440 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Newhope?
Newhope, AR boasts a median house value that is much lower than the US average of $338,100. This makes it an attractive place to live for those looking to purchase a house in Arkansas. The cost of living is similarly lower than the US average and provides residents with an affordable option for day-to-day expenses. With its low housing costs and below-average cost of living, Newhope is a great place to settle down and raise a family while also enjoying the benefits of small town life in Arkansas.