Housing costs in Rye?
A typical home costs
$123,000, which is 63.6% less expensive than the national average of
$338,100 and 32.3% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Rye costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$840.
Can I afford Rye?
To live comfortably in Rye, Arkansas, a minimum annual income of
$23,400 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Rye?
The cost of living in Rye, AR is quite affordable. According to the most recent data from the BestPlaces Bureau, the median home value in Rye is just $71,000, which is much lower than the national average of $184,700. The median household income is also relatively low at around $41,000 a year. Although housing costs are fairly inexpensive in Rye, goods and services may be more expensive due to its smaller population size and lack of major retailers. Nevertheless, overall living expenses in Rye are still much lower than those found in larger cities and towns across the state and country.