Housing costs in Russellville?
A typical home costs
$172,300, which is 49.0% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Russellville costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 15.1% cheaper than the state average of
$840.
Can I afford Russellville?
To live comfortably in Russellville, Arkansas, a minimum annual income of
$33,120 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Russellville?
The cost of living in Russellville, AR is relatively low compared to the national average. According to BestPlaces, the city has an overall cost of living index score of 84.3 which is 15.7 points lower than the US average. This includes housing costs, transportation costs, healthcare costs and other consumer goods and services that are all lower than the national average. Groceries also cost lower than the rest of the country at 3% less than the US median. All these factors make Russellville an ideal place for those looking for a low-cost lifestyle or an affordable retirement community.