Housing costs in Prairie Grove?
A typical home costs
$265,600, which is 21.4% less expensive than the national average of
$338,100 and 46.1% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Prairie Grove costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 4.5% more than the state average of
$840.
Can I afford Prairie Grove?
To live comfortably in Prairie Grove, Arkansas, a minimum annual income of
$50,760 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Prairie Grove?
Prairie Grove, AR is generally an affordable place to live. Homes tend to be moderately priced, with the median home value in the area being around $140,000. Other living expenses are also quite reasonable; the overall cost of living index is about 14% lower than the national average. Rent in Prairie Grove is also on the lower end, with one bedroom apartments averaging around $650 a month. All in all, Prairie Grove offers a great quality of life at a relatively low cost compared to most other cities.