Housing costs in Malvern?
A typical home costs
$135,100, which is 60.0% less expensive than the national average of
$338,100 and 25.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Malvern 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 Malvern?
To live comfortably in Malvern Arkan Metro Area, Arkansas, a minimum annual income of
$25,920 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Malvern?
Living in Malvern, AR Metro Area can be quite affordable compared to the national average cost of living. The median house value in the area is about $135100, which is significantly lower than the US average of $338,100. Additionally, the cost of living in Malvern is 72.5, about 28% lower than the national average cost of living which is 100. This suggests that basic expenses such as food and housing can be cheaper in Malvern when compared to other areas around the country.