Housing costs in Little Rock-North Little Rock-Conway?
A typical home costs
$187,300, which is 44.6% less expensive than the national average of
$338,100 and 3.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock-North Little Rock-Conway costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 8.7% more than the state average of
$840.
Can I afford Little Rock-North Little Rock-Conway?
To live comfortably in Little Rock-North Little Rock-Conway Arkan Metro Area, Arkansas, a minimum annual income of
$36,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Little Rock-North Little Rock-Conway?
The cost of living in Little Rock-North Little Rock-Conway, AR Metro Area is 82.4, which is substantially lower than the US average of 100. This makes the area a great place for those looking to save money on living expenses. Housing costs are especially attractive, with the median house value in the metro area being $187,300 - significantly less than the US average of $338,100. This lower cost of living can provide many benefits to those interested in moving to or visiting Little Rock-North Little Rock-Conway, AR Metro Area such as more disposable income and more money saved for retirement and investments.