Housing costs in Ratcliff?
A typical home costs
$115,900, which is 65.7% less expensive than the national average of
$338,100 and 36.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Ratcliff costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$840.
Can I afford Ratcliff?
To live comfortably in Ratcliff, Arkansas, a minimum annual income of
$22,320 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Ratcliff?
Ratcliff, AR is an affordable place to live, with a cost of living index that is 8% lower than the national average. There are no major housing developments in the area, but there are plenty of nice homes and apartments available at reasonable prices. The median home price in Ratcliff is $88,300, which is 15% lower than the state average. Groceries, transportation costs and utilities all remain relatively low as well. Renters in Ratcliff can expect to pay an average of $700 per month for a two bedroom apartment or house. Overall, Ratcliff offers an affordable cost of living for those looking to move to the area.