Housing costs in El Dorado?
A typical home costs
$97,400, which is 71.2% less expensive than the national average of
$338,100 and 46.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in El Dorado costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$840.
Can I afford El Dorado?
To live comfortably in El Dorado Arkan Metro Area, Arkansas, a minimum annual income of
$18,720 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about El Dorado?
The cost of living in El Dorado, AR Metro Area is significantly lower than the national average. According to data from the US Census Bureau, the median house value for the area is $97,400 while the US average is $338,100. Additionally, the Cost of Living Index for El Dorado, AR Metro Area is 68.3 compared to the US average of 100. These figures indicate that living costs are much lower in El Dorado than in other parts of the country, making it an attractive and affordable place to live.